
US-listed HYPE funds from 21Shares, Bitwise and Grayscale had attracted about $153 million in their first month and added $8.6205 million on June 16, lifting total net assets to $234 million, according to SoSoValue.
Three US spot HYPE exchange-traded funds listed on May 12 continued to attract investor money through June 16, according to SoSoValue. After drawing about $153 million in combined net inflows by June 12, the products posted another $8.6205 million of net inflows on June 16, bringing cumulative net inflows to $180 million and total net assets to $234 million. The funds are 21Shares' THYP, Bitwise's BHYP and Grayscale's HYPG. On June 16, BHYP led the day's additions with $7.3554 million and THYP added $1.2651 million. Some market observers viewed the earlier first-month performance positively because inflows continued even on days when BTC and ETH products saw outflows, suggesting demand for regulated spot exposure to HYPE and for altcoin-focused exchange-traded products.