HYPE spot ETFs post $698,000 net outflow on July 21

The one-day decline came entirely from the 21Shares Hyperliquid ETF, while total net assets stood at $306 million and the category’s net asset ratio was 2.28%.

HYPE

Summary

HYPE spot ETFs recorded a total net outflow of $698,000 on July 21, marking a daily pullback in the category. The entire decline came from the 21Shares Hyperliquid ETF (THYP). Even so, SoSoValue data showed total net asset value at $306 million and a net asset ratio of 2.28% in the latest update. The new data also listed the 21Shares Hyperliquid ETF's cumulative historical net inflow at $52.2648 million, while cumulative historical net inflows for the HYPE spot ETF category remained at $301 million, pointing to continued investor interest despite the one-day withdrawal.

Terms & Concepts
  • spot ETF: An exchange-traded fund that holds the underlying asset directly rather than using derivatives.
  • net outflow: A period in which more money leaves a fund than enters it.
  • net asset ratio: A measure showing a fund category’s net asset value relative to a broader reference base.