Spot HYPE ETFs absorbed 1.04% of Hyperliquid’s market cap during their first 10 days of trading. That ratio surpasses the debuts of Bitcoin (0.59%), Ether (0.41%) and Solana (0.31%) ETFs, according to Kairos Research’s market cap-adjusted metric. In the week of May 22, the product led net flows among altcoin ETFs with $68.
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