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U.S. XRP and ZEC Spot ETFs Record $5.07 Million in Combined Outflows

Zcash ETFs accounted for $4.5714 million of the outflow, while XRP funds had $496,500 in net withdrawals.

Mentioned assets
Metal discs spill from two glass channels onto a stone surface / TokenPost.ai
Metal discs spill from two glass channels onto a stone surface / TokenPost.ai

U.S. spot exchange-traded funds tied to XRP and Zcash (ZEC) recorded $5.0679 million in combined net outflows Oct. 30, with ZEC products accounting for most of the withdrawals.

XRP funds had $496,500 in net outflows. Canary XRP ETF (XRPC) took in $922,000, while Grayscale XRP Trust ETF (GXRP) saw $725,000 leave.

Cumulative net inflows for XRP spot ETFs stood at $1.809 billion. Their net assets totaled $1.419 billion, and the net asset ratio was 1.79%.

ZEC funds had $4.5714 million in net outflows, all from Zcash ETF (ZCSH). Cumulative net inflows for ZEC spot ETFs were $222 million, net assets totaled $725 million and the net asset ratio was 3.45%.

Enna Lee

Reporter

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

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