HYPE Spot ETF Weekly Net Outflow Reaches $8.6M Amid Sector Shifts

HYPE spot ETFs recorded $8.6M net outflows last week, led by Bitwise BHYP. Total NAV sits at $288M with 2.24% market cap ratio.

Woofun AI data shows that HYPE spot ETFs experienced a net outflow of $8.6111 million during the trading week from July 20 to July 24 (Eastern Time). Bitwise ETF BHYP accounted for the largest portion with $6.8882 million in weekly outflows, while its total historical net inflow remains at $119 million. Grayscale ETF HYPG followed with $1.0249 million in outflows, maintaining a cumulative historical net inflow of $127 million. As of press time, the aggregate net asset value of HYPE spot ETFs is $288 million, representing a 2.24% ratio against HYPE's total market capitalization, with total historical cumulative net inflows reaching $293 million.