HYPE ETF products attracted about $24.42 million in one-day net inflows, surpassing the $18.47 million received by XRP ETFs by roughly 32%. The result is notable because XRP’s market capitalization is about $89.19 billion, compared with HYPE’s $18.52 billion. Hyperliquid’s three listed products also raised more new capital than XRP’s five products during the period. The flows may indicate growing investor appetite for higher-beta exposure after the broader cryptocurrency rebound. HYPE has risen from about $57 earlier this month to $83.20 after reaching approximately $86, breaking above earlier highs near $75. However, its RSI (relative strength index, a momentum gauge) is about 74, placing the asset in overbought territory, while its nearest short-term moving average is around $69.30. XRP has pulled back to about $1.42 after rallying from roughly $1.00 and being rejected near $1.70; it remains above its long-term moving average at $1.35, although momentum has weakened. Over 30 days, XRP attracted about $141.61 million and $1.64 billion cumulatively, compared with HYPE’s $51.24 million and $343.48 million. HYPE therefore has not overtaken XRP in total institutional demand, but its stronger one-day intake highlights rising risk appetite for smaller and more volatile crypto assets.