U.S. spot exchange-traded funds linked to Zcash (ZEC) and NEAR Protocol (NEAR) reversed their Oct. 19 flows on Oct. 20, when Zcash funds drew fresh money and NEAR funds faced withdrawals, SoSoValue data showed.
Zcash funds took in $1.61 million, while NEAR funds recorded $2.54 million in net outflows. The Zcash ETF (ZCSH), sponsored by Grayscale, accounted for the Zcash inflow. The Bitwise NEAR ETF (NRR) accounted for the NEAR outflow.
The change followed a wider Oct. 19 split among altcoin funds, when Zcash funds lost $10.45 million and NEAR funds gained $5.42 million. Despite the reversal, cumulative net inflows after Oct. 20 stood at about $154 million for Zcash funds and $85.93 million for NEAR funds.
As of Oct. 21, net assets totaled $650 million for Zcash funds and about $83.02 million for NEAR funds. Those asset figures are from a later snapshot than the Oct. 20 trading session.
