Bitcoin, Ethereum ETFs Shed $112M as Hyperliquid Funds Extend 8-Day Win Streak
Bitcoin and Ethereum ETFs saw $112 million in outflows Monday as risk-off sentiment rose, while two HYPE ETFs kept buying for an eighth straight day.
Intelligence analysis by GPT-5.4 Mini
Legacy crypto ETFs saw combined outflows of $112 million, with Bitcoin funds taking the biggest hit. At the same time, two Hyperliquid-linked ETFs kept drawing money, extending an eight-day streak that sets them apart from the broader market.
Big money funds that track Bitcoin and Ethereum lost money on Monday. That means some investors pulled cash out because they felt nervous about the world and the market.
But two funds tied to Hyperliquid kept getting money for the eighth day in a row. It is like one toy store losing shoppers while another new store keeps getting a line outside.
The story matters because it shows people are not buying all crypto in the same way. Some are backing the old favorites less, while others are still excited about newer crypto projects.
Analysis
What changed
Bitcoin ETFs recorded $105 million in outflows on Monday, and Ethereum ETFs lost another $6.7 million, bringing combined redemptions to $112 million. The article ties the weaker mood to broader risk-off sentiment that intensified amid Iran tensions.
The split in demand
The notable counterpoint is Hyperliquid. Two HYPE ETFs have now posted net buying for eight straight days, adding $10.95 million on Monday and $25.5 million over the prior week. That makes them an outlier versus the larger Bitcoin and Ethereum ETF complex.
Market read-through
The piece frames this as a divide in institutional appetite: older, more established crypto funds are seeing money leave, while products linked to Hyperliquid’s growth story are still drawing capital. Bitcoin itself was trading around $76,700, down 0.7% over 24 hours, and the article notes Myriad users lowered the odds of a move back to $84,000 to 74%.
The main takeaway is not that crypto demand disappeared, but that investors are favoring different narratives. In this snapshot, capital is leaving the most familiar ETF trades and continuing to flow into a newer, higher-growth bet.
Key points
- Bitcoin ETFs had $105 million in outflows on Monday.
- Ethereum ETFs saw $6.7 million leave, bringing combined outflows to $112 million.
- Two HYPE ETFs extended their net-buying streak to eight straight days.
- Those HYPE funds added $10.95 million on Monday and $25.5 million last week.
- The article says the split reflects weaker demand for legacy crypto funds and steady interest in Hyperliquid-linked products.
