Hyperliquid (HYPE) spot ETFs returned to net inflows in the week ending August 7, taking in $2.84 million after three straight weeks of redemptions and lifting cumulative net inflows to $280.8 million. according to BeInCrypto, the reversal followed a cautious stretch flagged by JPMorgan, while Bitwise’s BHYP saw the largest share of the recent outflows.

HYPE fell from the low $60s in late July to about $54.75, down roughly 29% from its June 16 record of $76.87. Broader crypto ETF products drew nearly $1.1 billion in the week ending August 7, led by Bitcoin and Ethereum funds.