Bank of Korea governor backs tokenized government bonds
The Bank of Korea’s governor said tokenized government bonds could simplify the issuance and management of government debt during an ECB Forum panel discussion.
ReadFunds linked to XRP and Hyperliquid’s HYPE attracted capital while investors withdrew money from bitcoin and ether ETFs. The split points to selective demand rather than a market-wide return to crypto funds.
Funds linked to XRP and Hyperliquid’s HYPE attracted capital while investors withdrew money from bitcoin and ether ETFs. The split points to selective demand rather than a market-wide return to crypto funds.
Crypto fund flows diverged as products tied to XRP and Hyperliquid’s HYPE recorded inflows while bitcoin and ether exchange-traded funds suffered withdrawals, according to CoinDesk. The contrast made the smaller products rare bright spots in an otherwise defensive market.
Crypto fund flows diverged as products tied to XRP and Hyperliquid’s HYPE recorded inflows while bitcoin and ether exchange-traded funds suffered withdrawals, according to CoinDesk. The contrast made the smaller products rare bright spots in an otherwise defensive market.
The divergence matters because bitcoin and ether funds remain the largest listed vehicles for crypto exposure. Outflows from those products signal weaker demand for the market’s dominant assets, while gains elsewhere suggest some investors are narrowing their exposure rather than abandoning crypto funds entirely.
XRP and HYPE products are considerably smaller than their bitcoin and ether counterparts, so modest inflows can appear significant within their respective categories. Their performance therefore does not outweigh the broader pressure created by redemptions from the larger funds.
Fund-flow data can show where capital is moving through regulated investment products, but it does not establish a lasting market trend. Whether the split develops into a sustained rotation will depend on continued demand for XRP and HYPE funds alongside the direction of bitcoin and ether ETF flows.