XRP, HYPE funds are the bright spots as investors flee bitcoin, ether ETFs
CoinDesk 2026-07-01 11:15:00
Context: XRP and Hyperliquid's HYPE funds have seen significant inflows in June, bucking the trend of outflows from other cryptocurrency exchange-traded funds (ETFs). According to SoSoValue data, XRP-linked ETFs added $59.4 million in June, while HYPE funds notched up $161 million in net inflows. This comes as bitcoin, ether, and solana ETFs have suffered record outflows.
Key Facts
- XRP-linked ETFs added $59.4 million in June, marking a third straight month of net inflows, albeit at a slower pace than during the previous two months.
- HYPE funds, associated with Hyperliquid, saw $161 million in net inflows during June.
- Bitcoin ETFs suffered record outflows of more than $4 billion in June, while ether ETFs saw $528.99 million in outflows and solana ETFs shed $786,000.
- Hyperliquid, the parent of HYPE, generated just over $80 million in fees over the past 30 days, placing it third among all protocols, behind only Tether ($486.9 million) and Circle Internet ($184.07 million).
- Historically, July has been a positive month for bitcoin, with the cryptocurrency ending the month higher on ten occasions and lower on five out of the past 15 years, with an average gain of 19% and an average decline of 7.8%.