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Hyperliquid's HYPE token stays near all-time high despite $6.5B outflows from Bitcoin ETFs

Market News
07 Jul 2026
Bitcoin
View Source
Bullish
pluang ai news

While U.S. spot Bitcoin ETFs have seen over $6.5 billion in outflows since May, Hyperliquid's native token HYPE has remained resilient, trading near its all-time high. This strength is supported by three U.S.-based HYPE ETFs that offer brokerage access and benefit from tokenomics that use 99% of platform fees for systematic buybacks, creating strong demand. Despite broader crypto market weakness and sustained outflows from Bitcoin and Ethereum ETFs, HYPE-focused ETFs have attracted consistent inflows, signaling investor confidence in Hyperliquid's economic design. The future performance of HYPE will depend on continued protocol activity and investor demand amid overall market conditions.

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