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

Odaily reports, according to SoSoValue data, the HYPE spot ETF recorded a net outflow of $17.5724 million during last week's trading days (October 12 to October 16, Eastern Time).

The HYPE spot ETF with the largest net outflow last week was the 21Shares ETF THYP, with a weekly net outflow of $8.5060 million; THYP's total historical net inflow currently stands at $33.9300 million. It was followed by the Bitwise ETF BHYP, with a weekly net outflow of $6.4656 million; BHYP's total historical net inflow currently stands at $138 million.

As of press time, the HYPE spot ETF's total net asset value stands at $410 million, with an ETF net asset ratio (market value as a percentage of HYPE's total market value) of 2.31%, and cumulative historical net inflows have reached $319 million.