Bitcoin and Ethereum ETFs saw $112 million in outflows on Monday, while Hyperliquid ETFs continued to attract investment amid market caution.
Bitcoin and Ethereum ETFs Experience Significant Outflows
On Monday, Bitcoin and Ethereum ETFs collectively recorded outflows totaling $112 million, reflecting a growing caution among investors due to geopolitical tensions, particularly surrounding Iran. Bitcoin ETFs suffered the most, losing $105.2 million, while Ethereum ETFs saw $6.7 million exit.
This trend is indicative of a broader shift in institutional investment preferences, with traditional crypto funds struggling to retain capital in the face of macroeconomic uncertainties. In stark contrast, two Hyperliquid ETFs have continued to thrive, marking eight consecutive days of net inflows, including $10.95 million on Monday and $25.5 million the previous week.
According to data from CoinShares, the total outflows from digital asset investment products reached $1.47 billion last week, the third-largest weekly total recorded in 2026. This includes Bitcoin ETFs experiencing their largest weekly drop of the year at $1.315 billion, alongside Ethereum funds losing $223 million. Analysts attribute this risk-averse sentiment to the ongoing geopolitical issues, which have impacted markets beyond the U.S., including Switzerland, Canada, and Hong Kong.
In contrast, the Hyperliquid ETFs have seen a surge in interest, coinciding with the HYPE token achieving a new all-time high of $64.21 after a substantial increase of nearly 50% over the past month and over 140% year-to-date. This growth has been supported by institutional backing, notably from Bitwise, which has pledged a portion of its management fees to acquire HYPE tokens.
Tim Sun, a senior researcher at HashKey Group, noted that the outflows from Bitcoin and Ethereum ETFs are linked to both declining prices and rising U.S. Treasury yields, which have diminished the appeal for arbitrage opportunities. He emphasized that the current market sentiment is cautious, with investors focused on protecting against downside risks rather than making aggressive bets on market direction.
Despite the positive momentum for Hyperliquid, Sun warned of potential regulatory challenges that could impact its growth, as calls for legislative scrutiny from exchanges like CME and ICE are increasing.
As of now, Bitcoin is trading at approximately $77,140, reflecting a slight 0.3% decline in the last 24 hours. Meanwhile, predictions on the Myriad market indicate a 74% chance that Bitcoin will aim for $84,000 next, a decrease from the 86% likelihood observed earlier this month, aligning with its recent price drop from $81,700 to $74,500 over the weekend.
