Musk and a Wall Street Billionaire Eye a Market Bitwise Says 99.9% of Americans Don't Know

On Thursday, Intercontinental Exchange, owner of the New York Stock Exchange, plans to run a regulated U.S. version of Hyperliquid’s round-the-clock markets, pending approval, and to take a minority stake in Trade[XYZ]. HYPE rose 19.9% to $95.89 in 24 hours, while shares of Hyperliquid Strategies, which holds HYPE, jumped 21.8%. Hyperliquid is a blockchain-based platform for perpetual futures, which track asset prices and never expire; U.S. residents cannot use it at present. Stan Druckenmiller announced his Trade[XYZ] investment, Elon Musk replied to his post, and Bitwise CIO Matt Hougan said 99.9% of Americans do not know HYPE exists, without giving a source. ICE has no approval or launch date, and a prior Kraken-related rally faded.