--- title: "Bitcoin, Ethereum ETFs Lose $1.4B, But HYPE, SOL, XRP Attract Fresh Inflows: What's Driving The Surge?" type: "News" locale: "en" url: "https://longbridge.com/en/news/287923126.md" description: "Bitcoin and Ethereum ETFs lost over $1.4 billion last week as investors shifted to altcoin ETFs like HYPE, SOL, and XRP. Bitcoin ETFs saw $1.26 billion in outflows, while Ethereum ETFs lost $215 million. In contrast, HYPE ETFs gained $72 million, with HYPE surging nearly 50% in a month. Timothy Peterson of BN Research noted a trend of capital rotating towards newer narratives. Additionally, Kevin Warsh was sworn in as Federal Reserve Chair, with low odds for a rate cut at his first meeting." datetime: "2026-05-28T12:47:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287923126.md) - [en](https://longbridge.com/en/news/287923126.md) - [zh-HK](https://longbridge.com/zh-HK/news/287923126.md) generator: "portal-rs" --- # Bitcoin, Ethereum ETFs Lose $1.4B, But HYPE, SOL, XRP Attract Fresh Inflows: What's Driving The Surge? **Bitcoin** (CRYPTO: BTC) and **Ethereum** (CRYPTO: ETH) ETFs shed over $1.4 billion last week as capital rotated into altcoin ETF products chasing newer narratives. ### **Bitcoin ETFs Lost $1.26B, Total Assets Dipped Below $100B** Spot Bitcoin ETFs posted $1.26 billion in net outflows last week, bringing the two-week total to more than $2.2 billion.  Total assets dipped below $100 billion as Bitcoin trades around $78,000. Meanwhile, Ethereum ETFs saw $215 million exit over the same period, marking two consecutive weeks of outflows for the second-largest cryptocurrency. The rotation into alternative assets was sharp. **Hyperliquid** (CRYPTO: HYPE) ETFs pulled in $72 million, **Solana** (CRYPTO: SOL) ETFs attracted $22 million, and **XRP** (CRYPTO: XRP) ETFs added $15.6 million. “Capital is rotating toward newer narratives and away from crowded large-cap exposure,” said **Timothy Peterson** of BN Research. “Investors are reaching for higher beta and fresher stories,” he added ### HYPE Up 50% In One Month As Bitwise Holds 10% Of Fees In Token HYPE has surged nearly 50% over the past month and recently hit a new all-time high. Bitwise differentiates its HYPE ETF by staking assets in-house to maximize yield and directing 10% of management fees toward purchasing HYPE on its own balance sheet—a direct show of long-term conviction from the issuer. Beyond that, 99% of fees generated on the Hyperliquid platform go toward buying and burning HYPE tokens, a buyback mechanism traditional investors immediately understand. Bitwise Head of Research **Ryan Rasmussen** described Hyperliquid as “one of the great breakthrough technology crypto apps of this cycle,” pointing to perpetual futures, spot trading, prediction markets, and a recent **Coinbase** (NASDAQ:COIN) partnership boosting USDC liquidity on the platform.  Moreover, Arthur Hayes carries a $150 price target on HYPE. ### New Fed Chair Kevin Warsh Starts First Full Week—Rate Cut Odds Near Zero **Kevin Warsh** was sworn in as Federal Reserve Chair on Friday, becoming the most crypto-fluent person ever to hold the role after calling Bitcoin a sustainable store of value. Markets price virtually zero chance of a rate cut at his first FOMC meeting June 16 to 17. *Image: Shutterstock* ### Related Stocks - [BITQ.US](https://longbridge.com/en/quote/BITQ.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [AETH.US](https://longbridge.com/en/quote/AETH.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md) - [BLCN.US](https://longbridge.com/en/quote/BLCN.US.md) - [WGMI.US](https://longbridge.com/en/quote/WGMI.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [SOLZ.US](https://longbridge.com/en/quote/SOLZ.US.md) - [XRPI.US](https://longbridge.com/en/quote/XRPI.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) ## Related News & Research - [HashKey Cloud to integrate Babylon Trustless Bitcoin Vaults](https://longbridge.com/en/news/301155719.md) - [CLARITY Act Failure Spurs New CFTC Crypto Rules, Chairman Selig Says It's 'Just The Beginning'](https://longbridge.com/en/news/300966889.md) - [Bitcoin, Ether, Oil, Gold: Volatility Shares Cracks the SEC Code to Bring 3x ETFs Back](https://longbridge.com/en/news/301146077.md) - [After Bitcoin Crashed, Bitwise Asked 15 Institutions if They Sold: None Did](https://longbridge.com/en/news/300962496.md) - [Vivek Ramaswamy-Founded Strive to Acquire More Bitcoin? 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