Hyperliquid drops nearly 20% as $42.2M exits HYPE ETFs in a month
- —HYPE ETFs lost $42.2 million over the past 30 days
- —21Shares shed $23.2 million, Bitwise $17.8 million
- —No positive daily flow since Oct. 8
- —Cumulative net inflows since launch stand near $311 million
Why it matters: A sustained outflow streak would signal fading institutional demand for HYPE and add pressure on the token's price.
Source: Bithub