U.S. HYPE Spot ETFs Record $2.35 Million Net Outflow on Oct. 12

U.S. spot exchange-traded funds tracking Hyperliquid (HYPE) recorded $2.3457 million in combined net outflows during the Oct. 12 ET trading session, with one fund accounting for the full decline.

Bitwise Hyperliquid ETF (BHYP) posted the only net outflow among the products. Its cumulative net inflows stood at $142 million after the withdrawal.

Across the HYPE spot ETF group, total net assets were $449 million, while HYPE’s net asset ratio was 2.43%. Cumulative net inflows across the products reached $334 million.

The latest decline was smaller than the $9.7044 million outflow recorded during the Oct. 8 session, when the 21Shares Hyperliquid ETF accounted for the full withdrawal. That earlier outflow left cumulative net inflows at $336 million.