
Hyperliquid (HYPE) spot ETFs reversed a three-week outflow trend by gaining $2.84 million in fresh inflows for the week ending August 7, after losing over $30 million between mid-July and early August. This turnaround comes amid cautious market conditions and competition concerns highlighted by JPMorgan. The inflows coincide with a broader crypto ETF recovery, led by Bitcoin and Ethereum funds, while smaller altcoin ETFs like Solana and XRP saw weaker inflows. HYPE's price remains down about 29% from its June peak but the inflow signals renewed investor confidence.