U.S. President Donald Trump said at a White House event with technology leaders that CFTC Chairman Mike Selig is working to bring Hyperliquid into the United States “in a fully compliant and legal fashion.” Trump also noted that Selig authorized the first “true” Bitcoin perpetual futures contract on a CFTC-registered exchange in May. Following the remarks, HYPE briefly surged from around $62 to $72.3, gaining approximately 16%.