Catenaa, Thursday, September 10, 2026- UBS, Bank of Montreal and Jane Street were among 30 institutions reporting $74.9 million in US Hyperliquid ETF holdings as of June 30, according to a Bloomberg Intelligence review of regulatory filings.
Bloomberg Intelligence ETF analyst James Seyffart compiled the holdings from the funds’ first quarterly 13F ownership disclosures.
Wealth High Governance Asset Management reported the largest position, holding 632,614 shares of the 21Shares Hyperliquid ETF worth nearly $24 million.
OLP Capital Management ranked second with about $10.5 million.
UBS disclosed $7.5 million, Bank of Montreal reported $6.7 million and Jane Street held about $4.4 million.
Those five institutions accounted for roughly $53 million, or 70.8% of the $74.9 million identified by Bloomberg Intelligence.
Other disclosed holders included Discovery Capital, Brevan Howard, Balyasny and Boothbay.
The filings offer an early indication of institutional participation in funds tracking Hyperliquid’s HYPE token, but they do not establish investors’ current exposure.
The disclosures cover positions held at the end of June and would not capture shares sold or purchased afterward.
Bank holdings can also include assets held for clients, while trading firms such as Jane Street may hedge ETF positions through other instruments.
Institutional managers generally become subject to 13F reporting after reaching at least $100 million in qualifying securities. The filings therefore do not represent a complete list of Hyperliquid ETF investors.
Three US-listed funds currently give brokerage investors exposure to HYPE.
21Shares launched its THYP fund May 12, becoming the first Hyperliquid ETF to reach the US market.
Bitwise followed with BHYP three days later, while Grayscale launched HYPG on June 3.
The three funds had attracted $356.58 million in cumulative net inflows through Sept. 4, according to SoSoValue data.
Their combined net assets stood at $480.86 million at the end of that trading day.
Hyperliquid operates a decentralized derivatives exchange on its own blockchain and is best known for perpetual futures, which do not have expiration dates.
Its existing platform restricts US users, while the listed ETFs offer investors regulated brokerage exposure to HYPE without directly accessing Hyperliquid.
US efforts to broaden access to Hyperliquid-linked products are also developing separately. Kraken parent Payward has been working with the Commodity Futures Trading Commission on possible access to certain Hyperliquid-linked perpetual contracts through regulated exchange Bitnomial.
No final structure for that initiative has been announced.
The quarterly disclosures nevertheless show that regulated HYPE investment products have already attracted positions from banks, hedge funds, trading firms and asset managers within weeks of their launches.
