HYPE ETFs See First Outflow While Bitcoin and Ethereum Funds Attract Capital
HYPE ETFs See First Outflow While Bitcoin and Ethereum Funds Attract Capital
Spot Hyperliquid (HYPE) exchange-traded funds (ETFs) recorded their first weekly outflow since launching in May, breaking a nine-week streak. This reversal coincided with a sharp decline in the HYPE token's price. In contrast, Bitcoin (BTC) and Ethereum (ETH) funds continued to attract fresh capital for a second consecutive week, indicating a recovery for these major cryptocurrencies.
Spot Hyperliquid (HYPE) exchange-traded funds (ETFs) recorded their first weekly outflow since launching in May. Bitcoin (BTC) and Ethereum (ETH) funds moved the other way, pulling in fresh capital for a second straight week. The reversal came alongside a sharp decline in the token’s price. HYPE ETF Streak Ends While Majors Recover The HYPE funds
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