Spot Hyperliquid (HYPE) exchange-traded products recorded a $7.26 million outflow in the week ended July 17, ending a streak of nine consecutive weeks of inflows. Cumulative net flows were trimmed to $301.34 million from $308.6 million. Net assets under management fell 12.7% to $306.03 million, a steeper drop than the cash outflow alone would imply, reflecting mark-to-market losses as the token’s price declined over the week. The HYPE token fell more than 8% over the week, the largest drop among the top 10 cryptocurrencies by market capitalization.
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