1 month ago
34
Key Takeaways
- HYPE ETFs attracted $293.93 million from May 15 through June 26 before demand weakened.
- Three consecutive weekly outflows removed $30.62 million through July 31, although the funds remained approximately $278 million net positive.
- JPMorgan says regulated perpetual futures could weaken Hyperliquid’s appeal among compliance-sensitive institutions.
- Any decline in exchange activity would also reduce the fees supporting HYPE purchases and burns.
- Prediction markets will add value only if they attract new users and liquidity.
JPMorgan analysts led by Nikolaos Panigirtzoglou linked weaker HYPE ETF flows to growing pressure on Hyperliquid as regulated exchanges expand into perpetual futures and competition intensifies in prediction markets.
The concern follows a clear reversal in fund demand. According to the supplied SoSoV...
English (US)