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Investors Withdrew Cash From Crypto ETFs, Except for One Altcoin
Published Source: BeInCryptoRead original
Crypto Insight Summary: US spot Hyperliquid (HYPE) exchange-traded funds (ETFs) drew about $605,000 in net inflows on November 3. Bitcoin (BTC) and Ethereum (ETH) ETFs lost $115.56 million and $85.35 million, respectively. No other US crypto ETF group posted net inflows that day, according to SoSoValue data. However, the HYPE inflow offset less than 1% of what left Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH / Bullish HYPE Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: BTC and ETH ETF outflows signal risk-off, while HYPE's inflow is too small to offset broader selling.