Hype ETF Inflows Surge Past Bitcoin and Ethereum

HYPE ETFs have drawn significant attention in recent days due to their impressive inflows. According to data from Hyperliquid Hub and Henry Vo TTT, HYPE ETFs recorded $31.4 million in net inflows over the past week, representing 0.208% of its market capitalization.

This figure puts HYPE ahead on a relative inflow basis compared to other major crypto assets. Bitcoin (BTC) and Ethereum (ETH) both registered negative readings, with BTC posting a -0.011% reading and ETH at -0.007%. Solana (SOL) recorded 0.016% inflows, but this was still lower than HYPE's absorption rate.

The divergence in ETF demand intensity across mid-cap and large-cap crypto assets has sparked interest among market participants. Smaller assets like HYPE tend to reflect sharper percentage movements due to their lower absolute inflows, making their relative inflow metrics more pronounced.