JPMorgan says inflows into HYPE ETFs slowed in July, early August

JPMorgan said inflows into spot HYPE ETFs slowed in July and early August after surging in May and June, reflecting market concerns about Hyperliquid’s future competitiveness, according to CoinDesk. In a report, JPMorgan said Hyperliquid ETFs posted the strongest inflow-to-assets-under-management ratio among crypto funds excluding Bitcoin in May and June, but said that momentum weakened in July and early August. The bank also projected that decentralized trading platforms, including Hyperliquid, will face significant difficulty in gaining market share going forward.