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Investors Withdrew Cash From Crypto ETFs, Except for One Altcoin

Investors Withdrew Cash From Crypto ETFs, Except for One Altcoin

Photo by BeInCrypto
Photo by BeInCrypto

US spot Hyperliquid (HYPE) exchange-traded funds (ETFs) drew about $605,000 in net inflows on November 3. Bitcoin (BTC) and Ethereum (ETH) ETFs lost $115.56 million and $85.35 million, respectively.

No other US crypto ETF group posted net inflows that day, according to SoSoValue data. However, the HYPE inflow offset less than 1% of what left Bitcoin and Ethereum funds.

Hyperliquid ETFs Catch a Bid After Weeks of Withdrawals

The HYPE ETF inflow came one session after the funds lost $2.86 million on November 2, according to SoSoValue. As a result, HYPE funds remain net negative for the week so far.

Over the past 30 days, HYPE ETFs recorded $45.07 million in net…

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