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Hyperliquid ETFs Post $7.34 Million in Net Outflows on Oct. 20

A Zcash fund drew $1.61 million, while Solana funds recorded a 12th straight trading session of net withdrawals.

Updated 1 min read
Pedestrians pass the New York Stock Exchange entrance in New York City. / TokenPost.ai
Pedestrians pass the New York Stock Exchange entrance in New York City. / TokenPost.ai

U.S. spot exchange-traded funds tied to Hyperliquid (HYPE) recorded $7.34 million in net outflows on Oct. 20, the biggest withdrawal among 13 altcoin groups tracked by SoSoValue.

Zcash (ZEC) was the only group with a net inflow. The Grayscale Zcash ETF (ZCSH) attracted $1.61 million, while nine groups finished the session with no net flows.

Each of the three Hyperliquid funds recorded withdrawals. Bitwise’s BHYP accounted for $5.39 million, Grayscale’s HYPG recorded $566,150, and 21Shares’ THYP registered $1.39 million, SoSoValue data showed. The group’s outflow followed two sessions with no net flows. Its cumulative net inflows stood at $317.09 million after Oct. 20.

For Solana (SOL) funds, Oct. 20 was the 12th consecutive trading session of net withdrawals, totaling $2.65 million. Grayscale’s GSOL accounted for the entire outflow among nine Solana funds.

For NEAR Protocol (NEAR), the Bitwise NEAR ETF (NRR) recorded $2.54 million in net withdrawals.

SoSoValue put the Zcash fund’s cumulative net inflows at $153.86 million after Oct. 20.

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