1 min read
Add as a preferred source on Google

Zcash (ZEC) and NEAR ETFs Draw $14.74 Million on Oct. 22

Zcash funds accounted for $14.2308 million of the total, while NEAR funds brought in $513,100.

Clear investment vessels hold uneven rows of polished metal tokens / TokenPost.ai
Clear investment vessels hold uneven rows of polished metal tokens / TokenPost.ai

U.S. spot exchange-traded funds (ETFs) tied to Zcash (ZEC) and NEAR recorded $14.7439 million in combined net inflows Thursday, Oct. 22, with Zcash products accounting for most of the total.

Zcash ETF (ZCSH) accounted for the full $14.2308 million inflow for ZEC funds. Bitwise NEAR ETF (NRR) supplied the entire $513,100 NEAR total.

Cumulative net inflows for ZEC spot ETFs reached $183 million, and the group held $681 million in net assets. NEAR spot ETFs had $87.2702 million in cumulative net inflows and $85.1683 million in net assets.

Combined inflows were lower than the $16,007,300 recorded by the two groups on Oct. 21. Zcash funds drew $15,176,600 that day, while NEAR funds took in $830,700.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…