US HYPE spot ETFs draw about $300 million since launch; BHYP leads June 29 inflows

BlockBeats, citing Farside, put cumulative net inflows since listing at $300 million by June 28, while SoSoValue showed $2.232 million of June 29 inflows, all into Bitwise’s BHYP.

HYPE

Summary

US HYPE spot ETFs attracted roughly $300 million in net inflows since listing this month, according to Farside data cited by BlockBeats on June 28, with Grayscale’s HYPG at $123.5 million, Bitwise’s BHYP at $116.5 million and 21Shares’ THYP at $60.2 million. On June 29, SoSoValue reported an additional $2.232 million of daily net inflows, all into BHYP, lifting its cumulative inflow to about $117 million. SoSoValue also said total HYPE spot ETF net assets stood at $335 million, with a 2.27% net asset ratio and $296 million in historical net inflows, indicating minor source-level differences around the category total.

Terms & Concepts
  • spot ETF: An exchange-traded fund that holds the underlying asset directly.
  • net inflows: Money entering a fund after subtracting withdrawals or redemptions.
  • net asset ratio: A fund metric that compares net assets with a broader reference base.