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HYPE ETFs see $26M outflows amid cooling investor interest in September 2026

Market News
14 Sep 2026
Crypto Briefing
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Bearish
HYPE ETFs see $26M outflows amid cooling investor interest in September 2026

In the week of September 7-11, 2026, two US-listed ETFs tracking Hyperliquid's native token experienced $26.4 million in net outflows, continuing a trend of declining investor interest. Bitwise's BHYP accounted for $20.1 million of the outflows, while 21Shares' THYP contributed $6.3 million. Despite recent outflows, the ETFs still hold a cumulative net inflow of about $330 million since inception, with combined assets of $430 million. The outflows may reflect growing competition in the altcoin ETF space, as more products have launched since these ETFs debuted in mid-2026, signaling a possible shift in investor preferences.

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Hormel Foods price target cut to $23 amid hopes for valuation rebound despite 50% share drop.

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