Hyperliquid ETFs See First Outflow After Nine Week Streak

Hyperliquid exchange traded funds hit a rough patch this week. Investors pulled 7.26 million dollars from the funds, which officially ends a nine week streak of inflows that started back in May. The total net assets held by these funds dropped by 12.7 percent, bringing the figure down to roughly 306 million dollars.

The decline in fund interest mirrors a difficult week for the token itself. HYPE dropped more than 8 percent over the last seven days, making it the worst performer among the top ten cryptocurrencies. While the price briefly dipped below 60 dollars, it has since recovered slightly to trade around 60.66 dollars.

While Hyperliquid faced pressure, major assets moved in the opposite direction. Bitcoin funds attracted 75.67 million dollars, while Ethereum products saw a significant 105.44 million dollar boost. XRP and Solana also saw positive inflows, suggesting that capital is moving toward larger market assets.

Investors are now watching to see if HYPE can hold its current support level. Next week will be critical to determine if this outflow is just a brief cooling off period or if traders are rotating their capital into other major crypto assets.