Hype ETFs Snap Redemptions Streak After Three Weeks of Outflows

A streak of three consecutive weeks of redemptions by Hyperliquid ETFs has come to an end, according to data from CryptoRank and Yahoo Finance.

The funds, which are tied to the native token HYPE, saw $2.84 million in net inflows for the week ending August 7, marking a reversal from their previous trend of outflows.

This move comes just one day after JPMorgan's crypto desk told clients that HYPE ETF inflows had largely ground to a halt, following a two-month surge through May and June.