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Investors pull $1.2B from bitcoin and ether ETFs, shifting to altcoins like HYPE and XRP funds.

Market News
25 May 2026
Coindesk
View Source
Neutral
pluang ai news

Investors withdrew over $1 billion from bitcoin ETFs and $215 million from ether ETFs last week, signaling reduced interest in major crypto assets. Instead, funds flowed into alternative tokens, with new HYPE spot products gaining about $72 million and XRP and SOL ETFs attracting $22 million and $15.6 million respectively. Hyperliquid's HYPE token surged 59% this month, driven by rising fees and trading volumes in real-world asset markets. This shift shows investors are rotating capital toward emerging crypto narratives and away from traditional large-cap exposure, with Hyperliquid expanding into new markets like pre-IPO trading and prediction contracts, challenging traditional exchanges.

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