US spot HYPE ETFs see $7.88M net outflow in a day
- —BHYP shed $6.98M in a day, cumulative inflows at $126M
- —THYP lost $897,800, cumulative inflows at $31.65M
- —Total HYPE ETF assets at $387M, 2.25% of HYPE market cap
Why it matters: Outflows from HYPE ETFs point to cooling institutional demand for the Hyperliquid token after its recent rally.
Source: PANews