Hyperliquid ETF Sees $2.84M Inflows After $30M Outflow Streak

The Hyperliquid ETF has seen a significant turnaround in investor interest after losing over $30 million between mid-July and early August. For the week ending August 7, it gained $2.84 million in fresh inflows, marking a reversal of its three-week outflow trend.

This shift comes amid cautious market conditions and competition concerns highlighted by JPMorgan. The inflows coincide with a broader crypto ETF recovery led by Bitcoin and Ethereum funds, while smaller altcoin ETFs like Solana and XRP saw weaker inflows.