[Altcoin spot ETFs] ZEC, XRP among four assets drawing inflows; others flat

XRP, SOL, ZEC and NEAR spot ETFs recorded net inflows on October 21, with no asset category posting net outflows. DOGE, LINK, AVAX, HBAR, LTC, DOT, HYPE, BNB and TRX recorded no net flows.

Activity across the altcoin spot ETF market was concentrated in four asset categories, while the remaining nine were flat.

XRP spot ETFs attracted $708,515 after two consecutive trading sessions without net flows. Among five funds, Franklin’s XRPZ received $2.25 million, while Bitwise’s XRP recorded $1.55 million in outflows.

Cumulative net inflows: $1.81 billion | Trading volume: $33.55 million | Net assets: $1.57 billion, equivalent to 1.86% of market capitalization.

Solana (SOL) spot ETFs reversed a run of 12 consecutive trading sessions of outflows, attracting $585,297. Morgan Stanley’s MSOL accounted for all inflows across the nine funds.

Cumulative net inflows: $1.55 billion | Trading volume: $55.08 million | Net assets: $1.69 billion, equivalent to 2.72% of market capitalization.

Dogecoin (DOGE) spot ETFs recorded no net flows for the session.

Cumulative net inflows: $16.43 million | Trading volume: $243,298 | Net assets: $13.62 million, equivalent to 0.11% of market capitalization.

Chainlink (LINK) spot ETFs recorded a third consecutive trading session without net flows.

Cumulative net inflows: $179.23 million | Trading volume: $3.69 million | Net assets: $224.77 million, equivalent to 2.45% of market capitalization.

Avalanche (AVAX) spot ETFs recorded a ninth consecutive trading session without net flows.

Cumulative net inflows: $31.63 million | Trading volume: $431,711 | Net assets: $55.54 million, equivalent to 1.34% of market capitalization.

Hyperliquid (HYPE) spot ETFs returned to flat net flows after recording outflows in the previous session.

Cumulative net inflows: $317.09 million | Trading volume: $16.89 million | Net assets: $416.28 million, equivalent to 2.38% of market capitalization.

Canary HBAR ETF (HBR): Third consecutive session without net flows | Cumulative net inflows: $113.65 million | Trading volume: $765,888 | Net assets: $68.32 million, equivalent to 1.88% of market capitalization.

Canary Litecoin ETF (LTCC): Second consecutive session without net flows | Cumulative net inflows: $16.88 million | Trading volume: $180,699 | Net assets: $14.29 million, equivalent to 0.30% of market capitalization.

21Shares Polkadot ETF (TDOT): Fourth consecutive session without net flows | Cumulative net inflows: $3.20 million | Trading volume: $122,058 | Net assets: $11.79 million, equivalent to 0.61% of market capitalization.

VanEck BNB ETF (VBNB): Fourth consecutive session without net flows | Cumulative net inflows: $99.79 million | Trading volume: $128,095 | Net assets: $99.06 million, equivalent to 0.10% of market capitalization.

Canary Staked ETF (TRXS): 26th consecutive session without net flows | Cumulative net inflows: $491,056 | Trading volume: $16,680 | Net assets: $49.81 million, equivalent to 0.16% of TRON’s market capitalization.

Grayscale Zcash ETF (ZCSH): Net inflows of $15.18 million, marking a second consecutive session of inflows | Cumulative net inflows: $169.03 million | Trading volume: $92.84 million | Net assets: $745.39 million, equivalent to 3.39% of market capitalization.

Bitwise NEAR ETF (NRR): Returned to net inflows of $830,697 | Cumulative net inflows: $86.76 million | Trading volume: $15.88 million | Net assets: $91.38 million, equivalent to 1.37% of market capitalization.