Markets· ★★★· bearish·

Spot HYPE ETFs post $9.43M weekly net outflow

  • —Spot HYPE ETFs saw $9.43M in net outflows for the week of Oct. 5–9
  • —21Shares ETF THYP lost $12.41M; cumulative inflows at $42.44M
  • —Grayscale HYPG attracted $1.95M; cumulative inflows at $155M
  • —Total HYPE ETF net assets at $452M, or 2.42% of HYPE market cap
Why it matters: The outflow points to weak institutional demand for Hyperliquid's token amid a broader altcoin pullback.
#HYPE
Source: PANews
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