Summary
- Bitcoin and Ether posted large net outflows in the U.S. spot crypto ETF market.
- By contrast, spot ETF products tied to major altcoins including XRP and Solana (SOL) recorded net inflows, highlighting a split in market flows.
- In particular, spot Hyperliquid (HYPE) ETF products stood out, attracting net inflows of $195.16 million over the past 30 days.
Forecast Trend Report by Period
Bitcoin and Ether, the two biggest assets in the U.S. spot crypto exchange-traded fund market, posted net outflows, while spot ETFs tied to major altcoins including XRP and Solana drew fresh inflows.
Data from SoSoValue for June 26 showed a sharp divergence in flows across U.S. spot crypto ETFs.
The 13 spot Bitcoin ETFs recorded combined net outflows of $444.51 million. The 10 spot Ether ETFs also saw $12.85 million leave, extending their weak streak. Over the past 30 days, Bitcoin funds have shed $4.41 billion and Ether products have lost $610.61 million.
By contrast, some spot altcoin ETFs attracted buying. Five spot XRP ETFs pulled in $15.63 million in one day, the largest inflow among crypto assets outside Bitcoin and Ether. Eight spot Solana ETFs added $1.99 million, while three spot Hyperliquid ETFs took in $1.82 million and two spot Chainlink ETFs drew $130,000.
Spot Hyperliquid ETFs stood out over the past 30 days, posting net inflows of $195.16 million and showing particularly strong demand among altcoin products. Spot ETFs linked to Hedera, Avalanche and Dogecoin recorded no net inflows or outflows on the day.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀