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      HYPE ETFs Experience $26 Million in Net Outflows Amid Cooling Investor Sentiment

      Two exchange-traded funds (ETFs) in the United States that track Hyperliquid's native token reported a combined net outflow of $26.4 million during the week of September 7-11, 2026. This decline continues a trend of outflows that has significantly reduced the funds' cumulative gains over recent weeks. The Bitwise BHYP ETF accounted for the majority of the outflows, with $20.1 million, while the 21Shares THYP contributed $6.3 million to the total.

      The recent outflows are part of a broader pattern, as the two ETFs collectively shed $29.8 million over a 12-session period ending August 3, 2026. Despite these losses, the overall picture remains somewhat stable, with total net inflows since the ETFs' inception reaching approximately $330 million and combined net assets totaling around $430 million, which represents about 2.40% of Hyperliquid's total market capitalization.

      Both BHYP and THYP were launched in May 2026 and initially saw strong inflows, peaking at around $300 million by summer. They offer pass-through staking rewards, allowing holders to earn yield from the underlying HYPE token. However, the altcoin ETF market has become increasingly competitive, with new products emerging for other tokens like Solana and XRP, which may be impacting investor sentiment and decisions regarding HYPE ETFs.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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