HYPE ETF Surpasses XRP ETF by 30% as Investors Seek Higher-Risk Exposure
Investors are pouring millions of dollars into Hyperliquid (HYPE) exchange-traded funds (ETFs), which have outperformed XRP ETFs by over 30% in recent days.
A total of $24.42 million flowed into HYPE products on a single day, surpassing the $18.47 million that went into XRP ETFs during the same period.
This is an unusual outcome given the significant difference in market capitalization between the two assets, with HYPE valued at approximately $18.52 billion and XRP at around $89.19 billion.
Despite this disparity, three HYPE-listed ETF products attracted more new capital than five XRP-listed products, suggesting that investors are seeking higher-beta exposure in the wake of a broader cryptocurrency rebound.