The U.S. altcoin spot ETF market showed a wait-and-see attitude on the latest trading day, with Hyperliquid (HYPE) being the only fund to record net outflows. XRP and Solana spot ETFs, which had seen net inflows the previous day, returned to flat.
HYPE stands out with $5.45 million outflow
Hyperliquid (HYPE) spot ETFs saw $5.45 million in net outflows after a flat previous session, bringing cumulative net inflows to $304.99 million. Trading volume reached $11.16 million, and total net assets stood at $306.03 million, representing 2.31% of the market cap.
XRP and SOL ETFs flat after prior inflows
XRP spot ETFs recorded no net flow on the day, with cumulative net inflows of $1.49224 billion, trading volume of $9.31 million, and total net assets of $991.51 million (1.46% of market cap). Solana spot ETFs also stalled, with cumulative net inflows of $1.13721 billion, trading volume of $49.55 million, and total net assets of $872.04 million (1.99% of market cap).
Dogecoin, Chainlink, Avalanche extend pause
Dogecoin spot ETFs have seen no additional fund flows for 10 consecutive trading days. Cumulative net inflows stand at $11.77 million, with trading volume of $83,340 and total net assets of $10.03 million (0.09% of market cap). Chainlink spot ETFs have been flat for six straight days, with cumulative net inflows of $125.15 million, trading volume of $1.72 million, and total net assets of $107.13 million (1.73% of market cap). Avalanche spot ETFs have paused for 25 consecutive days, with cumulative net inflows of $11 million, trading volume of $68,936, and total net assets of $32.21 million (1.13% of market cap).
Other altcoin ETFs remain flat
Several other altcoin ETFs also showed no movement: Canary Hedera spot ETF (HBR) flat for nine days (cumulative net inflows $104.31 million), Canary Litecoin spot ETF (LTCC) flat for six days ($9.8 million), 21Shares Polkadot spot ETF (TDOT) flat for 27 days ($1.4 million), and VanEck BNB ETF (VBNB) flat for 24 days ($1.45 million).