Bitwise's BHYP led weekly redemptions with a $7.3002 million outflow, while 21Shares' THYP also saw withdrawals as cumulative net inflows reached $126 million and $52.96 million, respectively.
HYPE spot ETFs recorded a combined net outflow of $7.26 million during the July 13-17 U.S. trading week, indicating a pullback in investor demand over the period. Bitwise's BHYP posted the largest weekly net outflow at $7.3002 million, while 21Shares' THYP registered a $2.0845 million outflow. Their historical cumulative net inflows stood at $126 million for BHYP and $52.96 million for THYP, based on SoSoValue data cited by PANews.