$HYPE spot ETFs have recorded roughly $26.5M in net outflows across recent trading sessions, putting short-term institutional demand under closer watch.
Recent reports show $12.96M in outflows on September 8 and another $5.29M on September 9, while HYPE has also pulled back from its recent highs.
Two large wallets reportedly bought about $35.9M worth of HYPE during the latest ETF outflows, with both positions being staked.
HYPE ETFs had previously built strong demand after launch, including a $25.5M single-day inflow in May and more than $280M in cumulative inflows by early August.
For me, the key figure to watch now is whether ETF outflows continue or begin to stabilize as on-chain accumulation remains active.
#Hyperliquid #HypeETF #ETFsOnFire
Recent reports show $12.96M in outflows on September 8 and another $5.29M on September 9, while HYPE has also pulled back from its recent highs.
Two large wallets reportedly bought about $35.9M worth of HYPE during the latest ETF outflows, with both positions being staked.
HYPE ETFs had previously built strong demand after launch, including a $25.5M single-day inflow in May and more than $280M in cumulative inflows by early August.
For me, the key figure to watch now is whether ETF outflows continue or begin to stabilize as on-chain accumulation remains active.
#Hyperliquid #HypeETF #ETFsOnFire
