HYPE Spot ETF Saw Net Outflows of $17.5724 Million Last Week

On October 19, citing SoSoValue data, during last week's trading sessions (October 12 to October 16, Eastern Time), HYPE spot ETFs saw net outflows of $17.5724 million.

The HYPE spot ETF with the largest net outflows last week was the 21Shares ETF THYP, with weekly net outflows of $8.506 million; THYP's cumulative total net inflows currently stand at $33.93 million. It was followed by the Bitwise ETF BHYP, with weekly net outflows of $6.4656 million; BHYP's cumulative total net inflows currently stand at $138 million.

As of press time, the total net asset value of HYPE spot ETFs was $410 million, with the ETF net asset ratio (market value as a share of HYPE's total market cap) reaching 2.31%, and cumulative net inflows reaching $319 million.