XRP and HYPE Funds Attract Investments Amid Record ETF Outflows
Amid significant outflows from U.S. spot crypto exchange-traded funds, XRP and Hyperliquid’s HYPE funds have shown notable resilience, according to CoinDesk. XRP-linked ETFs saw $59.4 million in net inflows for June, while HYPE funds recorded $161 million, contrasting with over $4 billion in outflows from Bitcoin ETFs.
During June, U.S. spot crypto exchange-traded funds (ETFs) experienced a turbulent time, with notable withdrawals from Bitcoin and Ethereum ETFs. However, XRP and Hyperliquid's HYPE have emerged as significant exceptions, attracting investments despite the overall trend. Data from SoSoValue indicates that XRP-linked ETFs garnered $59.4 million in net inflows, marking the third consecutive month of positive growth, although at a slower pace compared to prior months. Meanwhile, HYPE funds achieved higher net inflows of $161 million for June.
The substantial inflows into both XRP and HYPE funds underscore the potential for price increases, especially if Bitcoin stabilizes in the market. Alex Kuptsikevich, chief market analyst at FxPro, pointed out the historical trends: "Over the past 15 years, bitcoin has ended the month higher on ten occasions and lower on five," suggesting July can be a favorable month for the top cryptocurrency. However, he cautions that historical performance does not guarantee future results.
In a broader context, Bitcoin ETFs reported unprecedented outflows exceeding $4 billion, while Ethereum saw $528.99 million drained. Moreover, Solana ETFs also experienced a decrease with a loss of $786,000. In contrast, the ongoing support for HYPE is bolstered by the performance of its parent decentralized exchange, Hyperliquid, which generated over $80 million in fees in the past 30 days, making it the third highest among all protocols. This strong fundamental performance could further bolster HYPE’s growth in the future.
As market dynamics unfold, July presents a critical period for all cryptocurrencies, particularly Bitcoin, which may require robust inflows into spot ETFs to sustain momentum. Investors should remain vigilant as trends indicate how various assets will respond to ongoing market pressures.
Summary based on original reporting by Omkar Godbole at CoinDesk, originally published Jul 1, 2026. SolanaWire does not republish source content.
EU Begins Revision of MiCA Crypto Regulation Post July 1 Deadline
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