According to Kairos Research, the launch outperformed early spot ETF intake for Bitcoin, Ethereum, and Solana when measured against each asset’s market capitalization over the first 10 trading days.
Spot HYPE ETFs absorbed funds equal to 1.04% of HYPE’s market capitalization in their first 10 trading days, according to Kairos Research. The research firm said the debut outpaced comparable early spot ETF intake for Bitcoin at 0.59%, Ethereum at 0.41%, and Solana at 0.31%. The figures indicate stronger initial investor uptake for HYPE relative to those other crypto spot ETF launches when measured against each asset’s market value.