Bitwise’s BHYP accounted for the larger share of withdrawals, while 21Shares’ THYP also recorded outflows despite retaining positive cumulative historical net inflows.
HYPE spot ETFs recorded combined net outflows of $5.4543 million on July 17, measured in U.S. Eastern time, based on SoSoValue data. Bitwise Hyperliquid ETF (BHYP) led the withdrawals with $3.3698 million in net outflows, while 21Shares Hyperliquid ETF (THYP) posted $2.0845 million. Despite the daily pullback, the funds’ cumulative historical net inflows remained positive at $124 million for BHYP and $52.9628 million for THYP.