Bitcoin is cratering, but a new Wall Street crypto hype is on the rise

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Source: CNBC
Published: 2026-06-06 23:28 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Business & Economy
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Snippet:
In one very small, and at least to date obscure, corner of the crypto market, investors are rushing in rather than heading for the exits. So-called HYPE exchange-traded funds are taking in new assets from investors at a time when the leading crypto bets, including bitcoin and ether, are tanking.
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