{"id":409,"date":"2026-06-04T14:43:05","date_gmt":"2026-06-04T14:43:05","guid":{"rendered":"https:\/\/1stblock.info\/?p=409"},"modified":"2026-06-04T14:43:05","modified_gmt":"2026-06-04T14:43:05","slug":"hype-etf-is-the-only-crypto-fund-in-the-green-as-btc-eth-sol-xrp-bleed-4-4b-over-13-sessions","status":"publish","type":"post","link":"https:\/\/1stblock.info\/?p=409","title":{"rendered":"HYPE ETF is the only crypto fund in the green as BTC, ETH, SOL, XRP bleed $4.4B over 13 sessions"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">U.S. spot crypto ETFs have shed a combined <strong>$4.4 billion<\/strong> across 13 consecutive sessions of net outflows, with <strong>BlackRock<\/strong>&#8216;s IBIT losing another <strong>$342 million<\/strong> on Wednesday alone \u2014 yet one category is bucking the trend: Hyperliquid&#8217;s <strong>HYPE<\/strong> products are the only major crypto ETF group still recording net inflows, <em>according to CoinDesk data<\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The divergence is stark. <strong>BTC<\/strong>, <strong>ETH<\/strong>, <strong>SOL<\/strong>, and <strong>XRP<\/strong> funds have all joined the redemption wave that began in mid-May, driven by geopolitical risk-off, macro headwinds, and rotating institutional capital into AI equities. Ethereum ETFs have now posted their longest outflow streak on record, with the category shedding roughly <strong>$2.6 billion<\/strong> since May 11. Solana and XRP products recorded their largest single-session outflows of 2026 on Wednesday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>HYPE<\/strong>&#8216;s resilience stands out given that Hyperliquid itself dropped <strong>10.49%<\/strong> on June 4 alongside the broader altcoin selloff. The sustained inflows suggest a distinct investor profile \u2014 likely traders allocating to the on-chain perpetuals narrative rather than macro-driven institutional allocators rotating out of risk. Solana open interest on derivatives markets surged to a record even as <strong>SOL<\/strong> prices fell, <em>per CoinDesk<\/em>, signalling aggressive short accumulation rather than neutral positioning.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The broader picture on June 4: total crypto market cap fell <strong>6.26%<\/strong> to <strong>$2.17 trillion<\/strong>, <em>according to CoinMarketCap<\/em>, as <strong>BTC<\/strong> slid to a year-to-date low of <strong>$61,300<\/strong> before partially recovering. Derivatives markets flashed unambiguous warning signals \u2014 put skews strengthened on both bitcoin and ether, and the <strong>$60,000<\/strong> strike put on Deribit carries over <strong>$1 billion<\/strong> in notional open interest.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether HYPE&#8217;s inflow streak continues as the asset itself corrects will be a key indicator of whether the on-chain perps thesis retains institutional conviction through the current drawdown.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. spot crypto ETFs have shed a combined $4.4 billion across 13 consecutive sessions of net outflows, with<\/p>\n","protected":false},"author":2,"featured_media":410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=409"}],"version-history":[{"count":1,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/409\/revisions"}],"predecessor-version":[{"id":411,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/posts\/409\/revisions\/411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=\/wp\/v2\/media\/410"}],"wp:attachment":[{"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1stblock.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}