Hyperliquid ETF Outpaces XRP as Investors Seek Riskier Assets

Hyperliquid ETFs have seen significant growth in recent days, attracting $24.42 million in daily inflows, surpassing XRP ETF's $18.47 million. This marks a notable shift in investor appetite towards smaller-cap cryptocurrencies amidst the broader market rebound.

XRP still leads in total 30-day and cumulative ETF inflows, but the surge in Hyperliquid investment highlights growing interest in more volatile assets.

HYPE's price momentum remains strong but technically overbought, while XRP shows signs of slowing after a recent rally. The large-scale buying activity by a group of wallets has also contributed to HYPE's success, with 282,090 tokens purchased at an average price of $81.50 each.