Add as a preferred source on GoogleZcash ETFs Draw $1.61 Million as NEAR Funds Shed $2.54 Million
Both groups retained cumulative net inflows after the Oct. 20 trading session: $154 million for Zcash funds and $85.9264 million for NEAR funds.
U.S. spot exchange-traded funds tied to Zcash (ZEC) drew $1.6074 million on Oct. 20 (ET), while NEAR Protocol (NEAR) funds posted $2.5389 million in net outflows, reversing their previous trading-day directions.
Zcash ETF (ZCSH) supplied the full ZEC inflow. Bitwise NEAR ETF (NRR) alone registered a net outflow among the NEAR products, accounting for the group’s daily total.
The split reversed the Oct. 19 flow pattern, when ZEC funds recorded $10.4472 million in net outflows and NEAR funds took in $5.4184 million.
Both groups still had cumulative net inflows. ZEC funds stood at $154 million, compared with $85.9264 million for NEAR funds. The daily figures cover one trading session; the cumulative figures cover flows over the funds’ history.
An Oct. 21 snapshot put ZEC funds’ net assets at $650 million and NEAR funds’ at $83.0221 million. Those asset figures reflect the later snapshot, rather than the Oct. 20 trading close.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.