HYPE Spot ETFs See $5.45 Million in Net Outflows in One Day

AI Market Summary

SoSoValue data show HYPE spot ETFs saw a $5.45M net outflow on July 17, led by BHYP (-$3.37M) and THYP (-$2.08M). While both products still retain sizable cumulative inflows, the one-day redemption signals near-term softening in marginal demand and can weigh on spot liquidity and positioning around HYPE-linked vehicles in the short run.

Impact level

● Low

Affected assets

HYPE/USDT-1.21%

AI Insight · HYPE/USDTAI Insight

▼ Bearish

Trade now

⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.

July 18 — SoSoValue data show that on July 17 (U.S. Eastern Time), HYPE spot ETFs posted total net outflows of $5.4543 million. Bitwise Hyperliquid ETF (BHYP) led the day's redemptions, with net outflows of $3.3698 million. Its cumulative historical net inflows stand at $124 million. The 21Shares Hyperliquid ETF (THYP) ranked second, recording $2.0845 million in net outflows for the day. Its cumulative historical net inflows total $529.628 million.

Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.

Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.