Add as a preferred source on GoogleU.S. XRP and Zcash ETFs Post $4.42 Million in Oct. 14 Inflows
Zcash-linked funds brought in $3,683,400, compared with $740,400 for XRP-linked funds. One fund in each category recorded an inflow.
U.S. spot exchange-traded funds tied to XRP and Zcash (ZEC) drew combined net inflows of $4,423,800 for Oct. 14 (ET), led by ZEC-linked products.
XRP funds recorded $740,400 in net inflows, while ZEC funds took in $3,683,400. Bitwise XRP ETF (XRP) was the only XRP fund with an inflow, and Zcash ETF (ZCSH) was the only ZEC fund with one.
The XRP spot ETF category had $1.509 billion in net assets, a 1.80% net asset ratio and $1.803 billion in cumulative net inflows. Bitwise XRP ETF had $688 million in cumulative inflows. The ZEC category had $645 million in net assets, a 3.33% net asset ratio and $179 million in cumulative inflows; ZCSH's cumulative inflows were also $179 million.
XRP funds had the larger reported asset base and cumulative inflows, while ZEC funds brought in more on Oct. 14.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.