Spot HYPE ETFs absorb 1% of market cap in first 10 trading days: Kairos
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- HYPE logged $6.89 million net inflows May 12‑15 and $68.02 million net inflows week ending May 22, making it the top altcoin‑linked ETF inflow category and representing roughly 1 % of its market cap in the first ten trading days (Kairos).
- Spot Bitcoin ETF recorded $1 billion net outflows week ending May 15 and $1.26 billion net outflows week ending May 22, totaling $2.26 billion outflows over two weeks (SoSoValue).
- Spot Ether ETF posted net outflows of $255.11 million and $215.99 million in the same periods (SoSoValue).
- Spot XRP ETF saw $22.04 million net inflows in the week ending May 22 (SoSoValue).
- Spot Solana ETF saw $15.63 million net inflows in the week ending May 22 (SoSoValue).
Why it matters: Altcoin ETF providers gain billions in new capital, while Bitcoin ETF sponsors see $2.26 billion exit; the shift redirects investor demand toward diversified crypto products in the market.
