Asset manager Bitwise is set to launch an exchange-traded fund tracking Hyperliquid’s native HYPE token.

The ETF will start trading on May 15 under the ticker BHYP on the New York Stock Exchange (NYSE).

Capitalizing on Hyperliquid’s Growth and Dominance

Bitwise said that BHYP is the first HYPE ETF to use an in-house staking infrastructure, with the firm adding that the fund was designed to give investors a convenient and low-cost way to participate in Hyperliquid’s growth. Reacting to the development, Galaxy’s head of DeFi, Marc Antonio, wrote, “Damn Matt Hougan and Bitwise are cooking.”

DeFi Llama data shows that Hyperliquid makes up about 60% of global on-chain perpetual DEX open interest, with the network being capable of processing up to 200,000 orders per second while maintaining a strong reliability track record. Bitwise believes that because of this, the platform is on the road to becoming one of the biggest beneficiaries as capital markets continue moving on-chain.

Matt Hougan, Chief Investment Officer at Bitwise, said the chain proved its relevance during a period of geopolitical tensions earlier this year, when traditional markets were closed, and traders turned to it for price discovery.

“Hyperliquid has emerged as one of the most compelling investment opportunities in crypto today,” said Hougan.

Additionally, Hype has risen to become the tenth largest crypto asset in the world since launching two years ago, with a market cap of over $11 billion.

“Hyperliquid’s token is explicitly designed so that rising trading activity on the Hyperliquid platform directly benefits token holders. This has translated into historically strong returns,” he added.

Bitwise Shares Fees

The fund’s prospectus shows that BHYP carries a 0.34% sponsor fee, which Bitwise plans to waive for the first month on the first $500 million in assets. The company also clarified that the product hasn’t been registered as an investment firm, meaning it doesn’t have the same protections as ETFs and mutual funds.

Earlier in the week, 21Shares launched a similar product tracking HYPE dubbed THYP, which pulled about $1.8 million in trading volume on its first day, a feat described by analyst James Seyffart as “nothing too crazy.”

It has since racked up $7.42 million in cumulative net inflow, with data from SoSoValue showing that yesterday’s flow alone came in at nearly $5 million.

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Revolut reportedly plans to launch a UK private banking unit this summer with a £500,000 ($630,000) deposit threshold, a move that could deepen its appeal to crypto-focused wealth clients after fresh approvals from the Financial Conduct Authority.

The proposed arm would target mass-affluent customers sitting between retail banking and traditional private banks. It may pair leveraged products, discretionary portfolio management and private wealth advisory services with Revolut’s existing crypto stack used by more than 10 million customers.

Crypto Sits at the Center of the £500,000 Push

Revolut already runs one of Europe’s largest retail crypto operations. Its pro exchange Revolut X offers 250-plus tokens with zero maker fees. The platform adds API access, TradingView charts and deep liquidity for active traders.

Wealth revenue at the company climbed 31% to $876 million in 2025. Crypto activity was a meaningful driver, according to its annual report. The segment grew almost 300% in 2024 before that figure normalised.

More than 10 million customers hold or trade crypto inside the app. The proposed private banking unit could deepen that base. It would serve holders who already sit on six and seven-figure positions.

FCA Permissions Unlock Managed Crypto Portfolios

The Financial Conduct Authority recently granted Revolut Trading permission to offer leveraged products, discretionary portfolio management and sophisticated investment services.

Those approvals reshape what the company can build for higher-tier UK clients.

The structure should support portfolios blending crypto with traditional assets, staking exposure and managed solutions inside a regulated, FSCS-protected environment.

Revolut’s UK banking licence granted in March 2026 anchors depositor coverage up to £120,000 ($160,000) per client.

Earlier this year, Revolut secured a Markets in Crypto Assets (MiCA) licence through Cyprus. The authorisation gives the firm passportable access across 30 European Economic Area markets for its crypto services.

A Bridge for Crypto Holders Into Mass-Affluent Wealth

The reported £500,000 threshold would target a segment traditional private banks have walked away from.

• Coutts recently moved its minimum to £3 million ($3.9 million).

• UBS sets its bar at £1 million ($1.3 million) in investable assets, leaving a wide gap.

Many of those clients hold meaningful crypto positions and want institutional-grade tools without leaving the Revolut ecosystem. Established private banks often remain crypto-shy or push minimums beyond reach.

The company is positioning the launch ahead of a potential Nasdaq listing in 2028. Reports point to a $150 billion to $200 billion valuation target.

How regulators treat leveraged crypto exposure inside a regulated private bank will shape this model’s reach. The next twelve months should reveal how far it can spread across Europe.

The post Revolut’s New Private Banking Ambitions Could Deepen Its Crypto Wealth Push appeared first on BeInCrypto.

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Spark has released a comprehensive risk framework for the Sky Agent Network, detailing how losses are absorbed and risk is bounded across Spark Savings, SparkLend, and the Spark Liquidity Layer.

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The Hyperliquid Policy Center disputed the framing.

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The decentralized finance (DeFi) applications blockchain network Flare has unveiled a new XRP yield product in collaboration with digital asset manager Monarq and vault infrastructure provider Upshift.

According to a press release sent to CryptoPotato, the new product is a multi-strategy XRP vault offering diversified yield opportunities. Launched on Flare and accessible to XRP holders, the Monarq XRP Yield Vault (MXRPY) is powered by Monarq and built on Upshift’s vault infrastructure.

MXRPY Offers Diversified Yield

MXRPY allocates capital across three strategies: options trading, basis and funding rate arbitrage, and on-chain XRPFi deployment. Users deposit Flare XRP (FXRP), receive MXRPY tokens representing their capital and accrued yield, and expect returns from the three primary engines.

The first return engine uses XRP as collateral to support options strategies across several platforms and over-the-counter products. Through the second strategy, XRP is deployed in funding rates and market-neutral basis using borrowed stablecoins across major platforms. For the third engine, the vault allocates the capital into Flare-native XRP Finance (XRPFi) opportunities and DeFi applications.

With an initial deposit cap of 500,000 FXRP, the vault targets a range of 3% to 4% annual percentage yield (APY) distributed over time based on strategy, performance, and market conditions. The product is accessible through Upshift; the platform processes withdrawals weekly, every Friday, with an optional fee-based instant redemption mechanism available.

Monarq’s managing partner, Shiliang Tang, commented on the launch, saying: “A real financial system needs a broader menu of options. MXRPY is built to be one of those options for XRP holders.”

MXRPY App Coming Up

While MXRPY expands the scope of XRPFI beyond Flare, it adds to the rapidly growing list of products on the DeFi applications network. Over the past months, Flare has launched several yield-bearing products, including lending markets, for XRP holders. The latest launch combines on-chain and off-chain execution in a structure that provides XRP holders with diversified yield opportunities.

“The Clearstar EarnXRP vault showed that there is real demand for XRP-denominated vaults on Flare. Upshift provided the infrastructure behind that launch, and we’re now expanding the model with Monarq, a second XRP vault with a different strategy profile and a broader set of yield sources,” remarked Upshift’s growth lead, Ethan Luc.

While the XRP community embraces MXRPY, the companies intend to release a standalone application in the future. The upcoming app is expected to provide users with a direct connection to MXRPY via their XRP Ledger wallets.

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The chairman of droppRWA has secured $12.5 billion in mandates to tokenized real estate and his plans are to go beyond properties to bring trillions of dollars onchain.

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Key Takeaways

• QUCY shares climbed 7.71% following the debut of its defense technology web portal.
• The new platform emphasizes autonomous warfare, counter-drone systems, and EMP technology.
• Quantum Cyber’s website launch refocuses market attention on its AI-powered defense strategy.
• Despite retreating from session highs, QUCY maintained positive momentum throughout trading.
• Company strategically positions its defense portfolio amid expanding autonomous warfare budgets.

Shares of Quantum Cyber N.V.(QUCY) advanced on Friday following the introduction of its defense technology web platform, which brought renewed focus to the company’s strategic initiatives. QUCY closed at $3.2313, marking a 7.71% increase, after reaching higher levels earlier in the session. Despite the pullback from peak levels, the Nasdaq-listed firm maintained solid gains through the close.

Quantum Cyber leveraged its website introduction to showcase its comprehensive defense technology suite to investors and stakeholders. The platform now features detailed information on autonomous drone operations, counter-unmanned aircraft systems, electromagnetic pulse protection, robotic demining solutions, and quantum-based antenna technology. This digital presence provides enhanced visibility into the company’s System-of-Systems defense architecture.

The organization’s strategy centers on consolidating multiple defense technologies within a single publicly traded entity. Its emphasis lies in autonomous operational capabilities spanning aerial, terrestrial, and maritime domains. The website now functions as the primary resource for corporate communications and technical specifications.

The upward movement in QUCY shares coincided with heightened market interest in autonomous military systems and defense technology equities. While the stock experienced significant volatility during the trading session, the sustained gain reflected ongoing investor appetite following the company’s strategic announcement.

Digital Platform Showcases Integrated Defense Solutions

According to Quantum Cyber, the website will serve as a cornerstone for its corporate messaging and shareholder engagement initiatives. The platform delineates its technological capabilities across five distinct defense sectors. Furthermore, it delivers enhanced transparency regarding intellectual property, platform development roadmaps, and communication frameworks.

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The company identifies unmanned aerial vehicle systems as a fundamental component of its operational blueprint. Counter-UAS perimeter security represents another significant technological pillar. The portfolio encompasses electromagnetic pulse-resistant drone hardware and automated mine clearance platforms.

Additionally, Quantum Cyber highlights its ongoing development of quantum-enhanced antenna communication systems. The organization anticipates forthcoming disclosures regarding technological advancements, strategic alliances, patent filings, and business development initiatives. Consequently, the website launch establishes a foundation for increased corporate transparency going forward.

Defense Budget Priorities Align With Company Focus

The platform introduction arrives amid a strategic reorientation of U.S. military procurement toward autonomous combat systems. The Trump administration has proposed approximately $55 billion for unmanned and autonomous warfare initiatives in the 2027 fiscal year. This allocation represents a dramatic escalation from the roughly $225 million budgeted in the previous fiscal period.

The counter-unmanned aircraft systems sector provides additional strategic context for Quantum Cyber’s market positioning. According to Grand View Research projections, this market segment is expected to expand from $3.1 billion to $10.6 billion by decade’s end. These estimates reflect a robust 27.2% compound annual growth trajectory.

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Quantum Cyber combines combat-proven Israeli defense technologies with access to American capital markets infrastructure. The company’s roadmap includes acquiring, licensing, and advancing autonomous systems tailored for military applications. The web platform launch successfully redirected investor attention toward QUCY’s defense capabilities as shares registered meaningful gains.

 

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The past week was quite eventful once again, with headlines spanning different sectors: from the highly anticipated meeting between US President Trump and China’s Xi Jinping to inflation data and some progress on the CLARITY Act front.

The business week began on the right foot for bitcoin as it rocketed from under $80,500 to roughly $82,500 following a quiet weekend. However, the rejection was swift, and BTC dipped below its starting point within hours.

Another breakout attempt took place on Tuesday, but the bears stepped up even faster this time, not allowing BTC to surpass $82,000. The selling pressure mounted on Wednesday after the inflation data for April went live in the US. Once it became known that the CPI numbers hit a three-year high of 3.8%, BTC reacted with a price dip to under $79,000.

More volatility ensued on Thursday when the CLARITY Act passed a Senate panel, which was regarded as a bullish development for the crypto industry, as it could crystallize the regulatory landscape in the country. Bitcoin traded at around $79,500 before the news spread, but quickly exploded to $82,000.

The bears reemerged at this point once again and didn’t allow any further gains. Although BTC managed to remain close to the $82,000 level for a while, it nosedived on Friday by over three grand from the top and currently struggles below $79,000.

Its market capitalization has fallen to $1.580 trillion on CG, while its dominance over the alts remains well above 58%. Nevertheless, BTC remains slightly in the green on a weekly scale, but it has been outperformed by many altcoins, including BNB, DOGE, XRP, and SUI.

Market Data

Market Cap: $2.71T | 24H Vol: $118B | BTC Dominance: 58.2%

BTC: $78,800 (+0.6%) | ETH: $2,210 (-1.38%) | XRP: $1.43 (+5%)

This Week’s Crypto Headlines You Can’t Miss

Bitcoin’s Drop Below $80K Was Not Random: Here Are the 3 Hidden Triggers. The largest cryptocurrency slipped below $80,000 on a couple of occasions in the past week, and many analysts believe it’s not random. Easy On Chain, for example, outlined three reasons behind the asset’s decline.

Is Bitcoin’s Rally Fake? Analyst Sees Massive Downside Ahead. Another popular market observer, Dr. Profit, who has mostly leaned bearish over the past half a year, noted that the rally to over $82,000 was most likely unsustainable and predicted a substantial crash to and perhaps below $50,000.

Arthur Hayes Predicts AI Race Will Push Bitcoin Back to $126K. On the contrary, Arthur Hayes remains bullish on BTC’s long-term perspective, forecasting a massive surge to the October 2025 all-time high of $126,000. Interestingly, he thinks such a move could be propelled by the AI race.

Bitcoin and Ethereum Arrive on Wall Street Giant Charles Schwab for Selected Retail Clients. Schwab Crypto, the behemoth investment services firm’s new digital asset venture, officially launched last week, allowing certain retail investors to get exposure to BTC and ETH through the regulated platform.

Strategy’s Bitcoin Buying Spree Resumes With Fresh 535 BTC Accumulation. After a quick weekly pause, Michael Saylor’s Strategy resumed its BTC purchases. The latest was a relatively small one of 535 BTC, acquired for $43 million. Its total stash grew to 818,869 BTC.

Tom Lee Doubles Down on ‘Crypto Spring’ Theory, but Bitmine Slows ETH Accumulation. BitMine also slowed its pace of ETH purchases, but Tom Lee remains optimistic that the worst has already passed and ‘crypto spring’ is about to commence.

Charts

This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis.

The post Bitcoin Rejected at $80K as Inflation Fears Outweigh CLARITY Act Progress: Weekly Recap appeared first on CryptoPotato.

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Over the past month, Solana (SOL) spiked 10%, yet it remains below the psychological $100 milestone.

One popular crypto analyst is optimistic that the price may surge well above that level, but such a breakout would require the overcoming of a key resistance zone.

The Necessary Conditions

As of press time, SOL trades at around $91, while its market capitalization stands just below $53 billion. According to Ali Martinez, the price has been moving within a well-defined channel since February, identifying the upper boundary at $98 and the lower at $78. He forecasted a potential bounce if SOL makes a successful breakout above the ceiling and set $88 as “the pivot point.”

“We recently tested that $98 resistance, which resulted in a quick rejection. Now, I am seeing Solana bounce. This suggests we could be gearing up for another retest of the channel top to determine if a breakout is finally in the cards,” he stated.

Martinez believes that a daily close above $98 could open the door to a surge toward $107, with a secondary target at $117. At the same time, if that level continues to hold as heavy resistance, the price may retreat to $88 and even to the $78 floor.

Earlier this month, the analyst revisited Solana, describing the $77-$94 range as a “no-trade” zone. Back then, he suggested that if buying pressure picked up, the price could surge toward $96.

Prior to that, Martinez noted that SOL’s Bollinger Bands have squeezed, which has historically been a precursor of a major breakout. However, the direction of the move (up or down) can not be determined.

Another X user who recently gave their two cents on the matter is Globe of Crypto. In their view, closing above $99 could set the stage for a solid rise toward $160-$170.

The Bold Forecast

X user Marino also chipped in, predicting that SOL could climb above $500 in the coming years. He supported his bullish outlook by pointing to Solana’s accelerating adoption, rising usage, growing network value, increased staking, the launch of new apps, and other positive factors that reinforce the ecosystem’s strength.

The analyst added that inflows into spot SOL ETFs could also spark a rally, and data show that lately these products have indeed attracted millions of dollars of fresh capital. Since their introduction, the financial vehicles have generated a cumulative total net inflow of approximately $1.12 billion.

“If Solana keeps compounding adoption at this pace into the next cycle & if macro conditions are positive. Then $500+ in 2029 feels absolutely possible,” Marino concluded.

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