Grayscale's Hyperliquid ETF Plan to Launch This Week

Investors pulled $1.67 billion from digital asset investment products last week, with bitcoin funds posting their largest weekly outflow of the year, according to a recent report from CoinShares. What to know : Crypto investment products saw $1.67 billion in outflows last week, the second-largest weekly withdrawal of 2026, bringing three-week redemptions to $4.21 billion. The pullback, driven largely by U.S. investors amid rising geopolitical tensions involving Iran and Israel, pushed assets under management down to about $141 billion, the lowest since early April. Bitcoin funds bore the brunt with a record $1.44 billion weekly outflow and sharply reduced year-to-date inflows, while Ethereum products also saw heavy redemptions and only a handful of altcoins, led by XRP, attracted notable new money.

ETF analyst James Seyfart stated that Grayscale's Hyperliquid ETF (HYPE) is expected to launch this week. （Cointelegraph）

The Federal Reserve accepted $1.302 billion from five counterparties in its fixed rate reverse repurchase operation.

According to CNBC, US President Trump stated in an interview on Monday that he doesn't care if negotiations with Iran end. When asked about the impact of Israel's military actions in Lebanon on negotiations, Trump said he would ask Israeli Prime Minister Netanyahu about the situation. He also expressed no concern about the issue of oil prices and predicted that oil prices would drop significantly in the short term. Previously, Iranian official media reported that Tehran would cease negotiations and vow to blockade the Strait of Hormuz, leading to a significant increase in oil prices.

Tom Lee's BitMine purchased Ethereum worth $520 million and sold Bitcoin as part of his strategy. （Decrypt）