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Zcash ETF Leads as Four Altcoin Groups Record Oct. 21 Inflows

Zcash (ZEC) products drew $15.18 million. XRP, Solana (SOL) and NEAR Protocol (NEAR) funds also gained, while nine other tracked groups were unchanged.

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Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan under an overcast morning sky. / EconoTimes.ai
Pedestrians pass the New York Stock Exchange on Broad Street in Manhattan under an overcast morning sky. / EconoTimes.ai

Funds tracking four of 13 U.S. spot altcoin exchange-traded fund (ETF) groups recorded net inflows Wednesday, Oct. 21, led by Zcash, while none of the groups had net withdrawals, SoSoValue data showed.

Zcash (ZEC) products drew $15.18 million, the largest group total and a second consecutive session of gains. SoSoValue listed $745.39 million in net assets for the Grayscale Zcash ETF (ZCSH), with $169.03 million in cumulative net inflows and $92.84 million in trading volume.

XRP funds added $708,515 after two sessions without net movement. Within the five-product group, Franklin’s XRPZ gained $2.25 million while Bitwise’s XRP lost $1.55 million. The group had $1.57 billion in net assets, $1.81 billion in cumulative inflows and $33.55 million in trading volume.

Solana (SOL) products received $585,297, ending 12 consecutive sessions of outflows. Morgan Stanley’s MSOL supplied the group’s full net increase across nine funds. Solana products had $1.69 billion in net assets, $1.55 billion in cumulative net inflows and $55.08 million in trading volume. NEAR Protocol (NEAR) products gained $830,697 through the Bitwise NEAR ETF (NRR); the group’s net assets were $91.38 million and cumulative inflows totaled $86.76 million.

SoSoValue’s net-asset figures equaled 3.39% of Zcash’s market capitalization, 1.86% for XRP, 2.72% for Solana and 1.37% for NEAR. The other groups with no net movement were Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), Hedera (HBAR), Litecoin (LTC), Polkadot (DOT), Hyperliquid (HYPE), BNB and TRON (TRX). Hyperliquid funds were unchanged after a $7.34 million withdrawal on Oct. 20, covered in EconoTimes’ report on the previous day’s outflow.

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