US spot HYPE ETFs post $7.34 million in daily net outflows
- —BHYP shed $5.39 million in a day against $133 million in lifetime inflows
- —THYP saw $1.39 million leave, with $32.55 million in total inflows
- —HYPE ETF assets total $407 million, equal to 2.27% of HYPE's market cap
Why it matters: Outflows from HYPE ETFs point to cooling institutional demand for the Hyperliquid token after its recent rally.
Source: PANews