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HYPE ETFs See Strong Early Demand, Outpacing Bitcoin on Key Metric

Published by
Nidhi Kolhapur

Spot ETFs tied to Hyperliquid are showing strong early momentum, according to crypto analyst Aletheia. In their first six trading days, HYPE ETFs recorded higher market-cap-adjusted inflows than spot Bitcoin ETFs on three days and outperformed Ethereum ETFs on five days. The data suggests investor demand for HYPE is growing quickly despite its smaller size. Analysts also noted the ETFs bought 2.5 times more HYPE than the project’s Assistance Fund removed through token burns, adding fresh buying pressure to the market.

Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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