HYPE spot ETF absorbed 1.04% of its market value in assets over 10 trading days, marking the strongest debut in crypto ETF history.
According to ChainCatcher, Kairos Research posted on X stating that the HYPE spot ETF has absorbed 1.04% of HYPE's circulating market cap within the first 10 trading days after listing, marking the strongest debut performance among all spot crypto ETFs to date. Comparative data for the same period shows that, among the newly issued institution cohort (excluding net outflows from legacy trust products such as GBTC and ETHE), the BTC spot ETF accounted for 0.59% over the same period, ETH was 0.41%, and SOL was 0.31%.
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