CoinDesk·3 min read·medium

JPMorgan says Hyperliquid ETF inflows have stalled as competition mounts

W
Will Canny
JPMorgan says Hyperliquid ETF inflows have stalled as competition mounts
AI Summary

JPMorgan analysts report that Hyperliquid's ETF inflows have slowed significantly following a period of rapid growth. The bank attributes this cooling demand to increased competition from regulated centralized exchanges and broader market uncertainty.

The bank said Hyperliquid ETFs led non-bitcoin crypto funds in inflows relative to assets under management in May and June, though that momentum faded in July and early August.

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