Spot HYPE ETFs attract $1.03 million in a day, all funds to Bitwise
- —Daily net inflow into HYPE ETFs was $1.03 million
- —The only fund with inflows was the Bitwise Hyperliquid ETF (BHYP)
- —BHYP's historical inflows total $145 million
- —Total HYPE ETF assets are $495 million, representing 2.43% of HYPE's market cap
Why it matters: Inflows into HYPE ETFs support institutional demand for the Hyperliquid token, but volumes remain small.
Source: PANews