Everyone is watching Bitcoin and Ethereum, but here’s one interesting detail from institutional flows. 👀

November 3 ETF data:

🔴 Bitcoin: -$115.56M
🔴 Ethereum: -$85.35M
🟢 Hyperliquid: +$605K

HYPE was the only crypto ETF group to record net inflows that day.

Now, $605K is small compared with the outflows from BTC and ETH. So I’m not calling this an altseason signal.

But it raises an interesting question:

Are institutions becoming more selective about which crypto assets they want exposure to?

I’m watching the next few sessions for confirmation.

What are you watching more closely right now: BTC, ETH or HYPE?

$HYPE #Hyperliquid #Crypto #ETF