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Bitcoin and Ether ETFs lose over $2B as investors favor HYPE and XRP funds.

Market News
29 Jun 2026
Bitcoin
View Source
Bearish
pluang ai news

In the week ending June 26, Bitcoin ETFs experienced $1.79 billion in outflows, led by Blackrock's IBIT with $1.3 billion withdrawn, marking the third-largest weekly outflow on record. Ether ETFs also faced pressure with $273 million in net outflows, continuing a seven-week streak of declines. Meanwhile, investor interest shifted towards altcoin ETFs, with HYPE funds gaining $111 million and XRP ETFs adding nearly $23 million, indicating selective demand within the crypto ETF market. This divergence highlights a cautious investor stance on traditional crypto assets like Bitcoin and Ether, while newer or alternative crypto ETFs attract capital amid ongoing market uncertainty.

More News (HYPE)

Hyperliquid shifts stablecoin liquidity from USDH to USDC, boosting market depth and network growth.

Hyperliquid shifts stablecoin liquidity from USDH to USDC, boosting market depth and network growth.

Hyperliquid's stablecoin market is seeing a major shift as liquidity moves from its native USDH to the more established USDC, which now dominates with $5.74 billion of the $5.96 billion pool. This migration, supported by $10 million in grants and smo...

Protocol Fundamentals
Bullish
12 hours ago
Bitwise stakes $114M in HYPE tokens, deepening commitment after Hyperliquid ETF launch.

Bitwise stakes $114M in HYPE tokens, deepening commitment after Hyperliquid ETF launch.

Bitwise has staked 1.775 million HYPE tokens worth about $114 million in the Hyperliquid protocol, reinforcing its earlier move of launching a Hyperliquid spot ETF in May. This significant staking shows Bitwise's strong confidence in Hyperliquid's gr...

Protocol Fundamentals
Bullish
23 hours ago
Hyper Foundation grants $10M to support migration from USDH to USDC before July deadline

Hyper Foundation grants $10M to support migration from USDH to USDC before July deadline

Hyper Foundation is providing $10 million in grants to help developers and protocols transition from the USDH stablecoin to USDC as USDH is being phased out. Builders on the Hyperliquid platform must complete their migrations or orderly shutdowns by ...

Protocol Fundamentals
Neutral
1 day ago
Hyperliquid's HYPE token projected to reach $145 by 2031 amid strong decentralized derivatives market share.

Hyperliquid's HYPE token projected to reach $145 by 2031 amid strong decentralized derivatives market share.

Hyperliquid (HYPE) currently trades near $62, backed by over 40% market share in decentralized perpetual futures as of mid-2026. Its valuation depends on transaction volume, fees, and liquidity, with a baseline price forecast of $100–$160 if it maint...

Analyst Insights
Bullish
1 day ago
Bitwise stakes $114M in HYPE tokens on Hyperliquid, boosting its spot ETF's growth strategy.

Bitwise stakes $114M in HYPE tokens on Hyperliquid, boosting its spot ETF's growth strategy.

Bitwise has staked 1.775 million HYPE tokens, worth about $114 million, on the Hyperliquid exchange, reinforcing its position since launching the Bitwise Hyperliquid ETF (BHYP) in May. The ETF directs 10% of its fees to buying and staking HYPE, linki...

Protocol Fundamentals
Bullish
1 day ago
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