HYPE Spot ETFs Record $4.95 Million Single-Day Net Outflow

HYPE spot ETFs experienced a total net outflow of $4.95 million on October 14, marking a reversal in daily flows for the Hyperliquid-linked products. Bitwise Hyperliquid ETF (BHYP) led the withdrawals with $1.82 million in outflows, while Grayscale Hyperliquid Staking ETF (HYPG) followed closely with $1.73 million exiting the fund. Despite the single-day decline, cumulative net inflows across all HYPE spot ETFs have reached $329 million. Total net asset value currently stands at $431 million, representing a 2.39% net asset ratio relative to the underlying token supply. BHYP and HYPG maintain cumulative net inflows of $140 million and $153 million respectively.