HYPE funds attract millions as investors dump bitcoin and ether ETFs
Investors turn to HYPE and XRP funds while dumping bitcoin and ether ETFs....
Key takeaways
- 1Investors withdrew over $1 billion from bitcoin ETFs and $215 million from ether ETFs last week.
- 2New HYPE spot ETFs attracted $72.38 million in inflows since launch, while XRP and SOL ETFs gained $22 million and $15.6 million respectively.
- 3Hyperliquid's HYPE token surged 59% this month, reaching $63 from $38 in 10 days, with platform fees hitting $13.2 million weekly.
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Why it matters
Capital is rotating from large-cap crypto into alternative tokens and emerging platforms like Hyperliquid, signaling institutional shift toward newer narratives and decentralized trading. This matters for Indian retail investors as it reflects changing market dynamics favoring specialized platforms over traditional bitcoin/ether exposure.
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