RWA ๐ Global & Macro: No major macro events reported this hour; focus remains on crypto market flows.
๐ฆ RWA & Institutional: US HYPE spot ETF saw $10.52M net inflow in a single day, signaling strong investor appetite for crypto ETPs. Meanwhile, Gimlet Labs raised $300M at a $3B valuation led by a16z, underscoring institutional confidence in crypto infrastructure.
โก Crypto & Markets: Wintermute and Galaxy Digital hold over $126M in short positions on Hyperliquid, potentially reflecting bearish sentiment or hedging activity that could impact market dynamics.
๐ก Key Takeaway: Institutional flows into crypto products and infrastructure remain robust, but concentrated shorts by major market makers warrant close monitoring for volatility.