Investors Withdrew Cash From Crypto ETFs, Except for One Altcoin

On November 3, US spot Hyperliquid (HYPE) exchange-traded funds drew about $605,000 in net inflows, while Bitcoin and Ethereum ETFs lost $115.56 million and $85.35 million, respectively. The HYPE inflow followed a $2.86 million outflow on November 2 and left HYPE funds net negative for the week, with $45.07 million in 30-day net outflows after cumulative inflows peaked at $356.58 million on September 4. Ethereum ETF outflows have run for seven straight trading days and total $656.68 million, with the last inflow on October 23. Spot crypto ETFs hold the underlying tokens; HYPE ETF assets equal about 2.11% of the token’s $20.04 billion market cap.