TREE NEWS reports: US spot Zcash (ZEC) and NEAR ETFs together pulled in $16.07 million in net inflows on Oct. 21 (US Eastern time), with the Zcash ETF (ZCSH) accounting for $15.18 million and the Bitwise NEAR ETF (NRR) taking in $830,700. ZEC ETF total net assets stood at $745 million with a 3.26% net asset ratio, while NEAR ETF net assets reached $91.38 million at a 1.32% ratio.
US Spot ZEC and NEAR ETFs Draw Combined $16.07M Net Inflow
AI take
The lopsided split is the story: nearly all the day's money went to Zcash, with the NEAR product a rounding error by comparison. That gap suggests demand is concentrating in a single altcoin ETF rather than broadening across the small-cap crypto wrapper category, even as both products sit at modest net asset ratios. Whether the Zcash flow is a one-day spike or the start of sustained interest in privacy-linked exposure is the open question, and the NEAR product's ability to attract meaningful flows is a separate test.
Generated by AI for reference only.
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