US spot HYPE ETFs have taken in $360M net across 76 sessions since $THYP listed on 12 May
→ launch month, 12 May onward: $THYP alone for three sessions, $BHYP joins on 15 May, and the pair pull $137.7M by month end with a $25.5M peak on 20 May
→ early June cools to a few million a day until Grayscale's first flow lands on 3 Jun, then 25 Jun prints $112.6M in one session and effectively closes the month at $171.0M
→ July reverses: $HYPE slides $71 to $54, flows go net negative at -$15.2M, the largest outflow day of the series hits on 29 Jul at -$8.8M, and most sessions print zero
→ early August stays flat through the $52 low, with the first ten sessions contributing $9.4M between them
→ the last four sessions turn: $5.7M, $7.5M, $14.7M, then $24.4M on 27 Aug into the $86.70 high - $52.3M, or 85% of August, arriving after price had already cleared $78
→ across all 76 sessions: $BHYP $155.6M accumulated steadily, $HYPG $142.4M almost entirely from one day, $THYP $57.2M front-loaded into launch
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