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Against the backdrop of diverging investor appetite for cryptocurrencies, new data shows that HYPE exchange-traded funds attracted $111 million in the final week of June, while Bitcoin and Ether funds suffered over $2 billion in outflows, according to reports.
The reports did not specify a catalyst for the divergence, but investors are monitoring further flows into HYPE funds and Bitcoin/Ether performance in coming weeks to gauge market direction. A sustained shift of capital toward HYPE products could reshape investment dynamics in the sector.
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