One month after THYP launched on Nasdaq, the three US-traded spot $HYPE ETFs have pulled in $161 million in net inflows.
June 5 was the only session to register an outflow, a $2.9 million redemption from BHYP, and every other trading day has closed in the green.
The clean flow record partly reflects access mechanics, as Hyperliquid restricts US users from its platform, leaving brokerage-listed ETFs as the only way American investors can hold $HYPE without navigating a non-custodial wallet.
The more durable driver is the asset itself, a derivatives venue with auditable usage metrics, a fee-to-buyback tokenomics loop, and a platform already processing hundreds of billions in monthly volume.
The business behind the token
DefiLlama shows $240.5 billion in 30-day perp volume, $72.4 billion over seven days, and $9.4 billion over 24 hours, with cumulative perp volume standing at $4.663…
