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Crypto US Stocks

US Spot HYPE ETFs Post $8.18M Single-Day Net Outflow

US spot HYPE ETFs recorded a combined $8.1764 million in net outflows on September 11, 2025. Bitwise Hyperliquid ETF (BHYP) led the redemptions with $6.7781 million leaving the fund, though its cumulative net inflows remain $144 million. 21Shares Hyperliquid ETF (THYP) followed with $1.3983 million in net outflows, holding $50.2939 million in total historical net inflows.

Original source

AI take

A single-day outflow is less telling than the split behind it: the bulk came from one fund, while the other saw a far smaller redemption, suggesting this looks more like concentrated positioning than a broad exit from the HYPE ETF complex. The notable detail is that both funds still sit on substantial cumulative net inflows, so the drawdown reads as a pause rather than a reversal of the build-up. Whether the outflow broadens across issuers or stays concentrated in a single product is the open question worth watching.

Generated by AI for reference only.

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