US spot HYPE ETFs post $429.84K daily net outflow
- —BHYP shed $310,750 for the day, with $123 million in lifetime inflows
- —THYP lost $91,340, holding $30.74 million in cumulative inflows
- —Combined HYPE ETF net assets stand at $389 million
- —HYPE accounts for 2.25% of the funds' net asset ratio
Why it matters: The outflows point to soft institutional demand for Hyperliquid's token amid a broader market pullback.
Source: PANews