Newly launched Hyperliquid spot ETFs are attracting notable inflows in their first week of trading, outpacing bitcoin and ether ETFs.

HYPE tokens surged over 5% on Monday after Bitwise’s spot ETF debut on NYSE Arca offset regulatory pressure instigated by CME and ICE.

Bitwise will hold HYPE from Hyperliquid ETF fees as HYPE funds pass $5.6M in inflows after 21Shares and BHYP launches.