Spot HYPE ETFs from 21Shares, Bitwise and Grayscale drew about $153 million in net inflows and neared $900 million in volume in their first month.

Crypto ETF flows remained negative for the week of June 8 to June 12, but the pace of selling eased sharply from prior weeks.

Volume across the three products has been uneven, with BHYP and THYP accounting for the bulk of activity while HYPG continues to ramp.