Browsing: ETFs

Hyperliquid’s spot ETFs ballooned to $502 million in September, yet the investors actually putting money in were heading for the exits. Find out who stepped in to fill that gap and what it signals for HYPE’s price stability.

(Bloomberg) — US spot Bitcoin exchange-traded funds recorded chunky inflows at the end of last week, fully reversing earlier outflows and helping to drive the original cryptocurrency back above $81,000 for the first time in a fortnight.

Add preferred source US spot Ethereum ETFs posted net outflows for a third consecutive session, bringing the cumulative total to $405.4 million. On the 17th alone, $39.3 million exited the funds, with BlackRock’s ETHA accounting for $42.9 million in outflows. Fidelity and VanEck products, by contrast, saw modest net inflows. The trend stands in sharp…

Bloomberg’s senior ETF analyst Eric Balchunas predicted that Bitcoin ETFs will eventually triple the assets of gold ETFs, citing younger investor interest and growing institutional adoption. However, he also admitted that Bitcoin ETFs have recently “burned cash,” meaning inflows have not kept pace with asset growth, reflecting poor price performance. Over the past year, Bitcoin…