JPMorgan: Hyperliquid ETF inflows lose steam amid rising competition

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Hyperliquid crypto ETFs saw strong investor demand during May and June, leading inflows among crypto funds in that period. However, according to JPMorgan, that momentum faded significantly in July and August. The bank attributed the slowdown to intensifying competition in the crypto ETF space. The development signals a shift in investor appetite away from Hyperliquid-focused products as more alternatives emerge.

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