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The Hyperliquid price has tumbled almost 2% in the last 24 hours to trade at $42.26 as of 12.30 a.m. EST even as fund manager Bitwise filed for a Hyperliquid ETF. The news of Bitwise’s HYPE ETF filing initially brought a short boost for the token, with the price popping about 4% to $42.50 before paring gains The ETF is designed to provide investors with direct exposure to HYPE through regulated brokerage accounts, with Coinbase Custody serving as the custodian.  JUST IN: Bitwise files S-1 for a spot $HYPE ETF. pic.twitter.com/RxdQhKwyBk — crypto.news (@cryptodotnews) September 26, 2025   The ETF does not qualify for fast-track SEC approval because there are currently no regulated HYPE futures contracts. This means the process to get the ETF live might take months. HYPE Price Tests Key $42 Support As Bulls Eye Rebound On the daily chart, HYPE has been falling sharply from the recent high near $56, losing momentum as it crashed below its 50-day simple movin...

The crypto market recovered after its latest correction, which saw Bitcoin (BTC) drop below $90K in the last 24 hours, as Fartcoin (FARTCOIN), Raydium (RAY) and Hyperliquid (HYPE) lead the rebound. BTC plunged to as low as $89.260.10 during yesterday’s trading session, CoinMarketCap data shows. It has since surged back to trade at $94,885.09 as of 1:46 a.m. EST. FARTCOIN, HYPE, And RAY Lead Crypto Market Recovery Meme coin FARTCOIN posted the biggest gain over the past 24 hours among major cryptos after its price soared more than 34% to trade at $1.04. This surge, however, was not enough for the altcoin to erase its losses over the last week. As a result, the meme coin is still over 12% in the red on the 7-day time frame. RAY posted a more than 8% gain throughout the past day of trading, making it the second-best 24-hour performer in the market, while HYPE recorded an 8% increase in price as well.  RAY is still down more than 13% over the past 7 days while HYPE’...

The chief investment officer of the Maelstrom Fund family office and BitMEX co-founder Arthur Hayes is saying that artificial intelligence (AI) agents and crypto assets are a natural fit. In a Bankless interview, Hayes says that AI memecoins are a “completely new life force” that is entering the cryptocurrency industry. “I think that AI agents will be able to fill all anti-money laundering and know-your-customer forms, so they’re all digitized anyway, right? They can fake an image, they can deepfake s**t, they’ll have big accounts for sure. But again I think … to like [engage in] commerce that’s frictionless, that’s cheap enough for them, crypto makes the most sense. Now, whether they create their own cryptocurrency, I don’t f*****g know but I think this is an interesting way to start. And that’s why I think there’s a lot of hype around these AI meme coins.” According to the Maelstrom Fund CIO, AI agents...