HYPE Spot ETF Sees $2.7M in One-Day Net Outflows

AI Market Summary
SoSoValue data show a $2.7M one-day net outflow from HYPE spot ETFs, entirely driven by 21Shares Hyperliquid ETF (THYP). While small versus the roughly $515M total net asset value and still-positive cumulative inflows since launch, the outflow signals softer near-term ETF demand and can weigh on marginal liquidity and positioning in HYPE-linked products.
Impact level
● Low
Affected assets
HYPE/USDT+3.63%
AI Insight · HYPE/USDTAI Insight
● Neutral
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Odaily Planet Daily cited SoSoValue data showing that HYPE spot ETFs posted total net outflows of $2.7059 million yesterday (Oct. 5, Eastern Time). The outflow came entirely from the 21Shares Hyperliquid ETF (THYP), which saw $2.7059 million redeemed, bringing its cumulative historical net inflows to $52.1449 million. As of press time, the HYPE spot ETF segment had total net assets of $515 million, with a HYPE net asset ratio of 2.44%. Cumulative net inflows since launch stand at $343 million.