Bitwise Hyperliquid ETF Attracts Record $19.05M in Single-Day Inflows
BTC briefly traded above $77K before reversing lower, falling from an intraday high of $77,943 to $75,218, while ETH retraced from $2,137 to $2,057.
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In Today’s Note
The large IBIT dark-pool sale was not an ETF redemption, with Farside data showing IBIT outflows of around $192M and total US spot BTC ETF outflows of $333.6M.
HYPE ETFs saw fresh inflows, with Bitwise Hyperliquid ETF recording its largest single-day inflow at $19.05M.
Oil prices and Treasury yields moved lower, but risk appetite stayed muted, with the S&P 500 and Nasdaq-100 only modestly higher.
Prediction-market regulation drew renewed attention, after Trump publicly backed the CFTC’s authority over the sector.
Base launched Base MCP, Pump.fun expanded multi-chain trading, China’s top court said it will study crypto cases, and OpenZeppelin’s co-founder warned that AI could worsen DeFi security risks.
Market Snapshot: Overnight Moves
Macro & Markets
After briefly moving above $77K, BTC reversed lower over the past 24 hours, falling from an intraday high of $77,943 to a low of $75,218.
ETH followed a similar intraday pattern, rising to $2,137 before retracing to $2,057.
Fund-flow data showed continued redemptions from the majors yesterday, with BTC at $333.71M for a 7th consecutive day of outflows and ETH at $35.04M for an 11th consecutive day of outflows.
A single order of $1.29B BlackRock’s IBIT was sold in a “dark pool” around 10:30 ET on Tuesday.