Hyperliquid spot ETFs see $2.71M net outflow on October 5
- —Net outflow from spot HYPE ETFs on October 5 totaled $2.71 million
- —All outflows came from the 21Shares Hyperliquid ETF (THYP)
- —THYP's cumulative net inflow stands at $52.14 million
- —Total ETF net assets are $515 million; cumulative inflows $343 million
Why it matters: The negative flow points to soft institutional demand for HYPE, which could weigh on the token's price.
Source: TokenPost