US spot HYPE ETFs see $4.95M daily net outflow
- —Net outflow from HYPE ETFs on Oct 14 totaled $4.95 million
- —BHYP shed $1.82 million; cumulative inflows at $140 million
- —HYPG lost $1.73 million; cumulative inflows at $153 million
- —Total HYPE ETF net assets at $431 million, 2.39% of market cap
Why it matters: The outflow points to weakening institutional demand for Hyperliquid amid a broader market pullback.
Source: PANews