Spot HYPE ETFs Absorb 1.04% of Market Cap in First 10 Trading Days

According to Kairos Research, spot HYPE ETFs have absorbed 1.04% of HYPE's total market capitalization within their first 10 trading days, marking the strongest debut of any spot crypto ETF to date. In comparison, during the identical initial 10 trading days, the percentages of market cap absorbed by each respective spot ETF were: HYPE at 1.04%, BTC at 0.59%, ETH at 0.41%, and SOL at 0.31%.