HYPE Crosses $50 as Spot ETFs Outpace Bitcoin on Adjusted Inflows

HYPE rose above $50 as the first spot HYPE ETFs drew nearly $50 million of inflows and about $60 million in assets in their first week. Aletheia said the two funds outperformed Bitcoin spot ETFs on three of their first six trading days after adjusting inflows for market capitalization. Aletheia said the ETFs bought 2.5 times as much HYPE in those six days as Hyperliquid's Assistance Fund bought and burned.
HYPE-1.55%
BTC-1.12%
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