HYPE spot ETFs absorbed 1.04% of market cap in 10 days, outpacing bitcoin (0.59%), ether (0.41%), and Solana (0.31%), with Bitwise’s BHYP posting a $19M single-day inflow.
Posted May 27, 2026 at 6:11 am EST.
Spot HYPE exchange-traded funds have absorbed 1.04% of Hyperliquid’s total market capitalization within their first 10 trading days, the strongest opening run of any spot crypto ETF, according to research firm Kairos Research. The figure outpaces every previous major crypto ETF launch: bitcoin absorbed 0.59% of its market cap in the same window, ether 0.41%, and Solana 0.31%.
The data reflects a sharp…
