Hyperliquid ETFs Gain Popularity Amid Institutional Shift

Institutional investors are flocking to Hyperliquid ETFs, driving net buying for eight consecutive days.

According to data from SoSoValue, the two Hyperliquid ETFs have seen daily flows ranging from $4.4 million to $25.5 million, with a notable $25.5 million print on May 20.

This trend contrasts sharply with legacy crypto funds, which have been hit hard by outflows due to macro uncertainty and risk-off sentiment.

Bitcoin ETFs alone saw $1.315 billion in outflows last week, while Ethereum funds recorded $223 million in outflows.