Zcash and XRP spot ETFs report Oct. 2 net outflows

  • Zcash spot ETFs recorded $26.9347 million in net outflows and XRP spot ETFs recorded $3.28 million on Oct. 2, U.S. Eastern time.
  • ZCSH accounted for the full Zcash outflow, while Bitwise XRP ETF (XRP) accounted for the full XRP outflow and had $677 million in historical net inflows.
  • Zcash ETFs held $751 million in total net assets with $213 million in cumulative inflows; XRP ETFs held $1.658 billion with $1.791 billion in cumulative inflows.

Zcash and XRP spot ETFs recorded net outflows on Oct. 2, U.S. Eastern time, according to SoSoValue data cited by PANews on Oct. 3. Zcash ETFs posted $26.9347 million in total outflows, all from ZCSH, while XRP ETFs posted $3.28 million, all from Bitwise XRP ETF (XRP). Despite the daily withdrawals, Zcash ETFs had $213 million in cumulative historical net inflows and $751 million in total net assets, while XRP ETFs had $1.791 billion in cumulative historical net inflows and $1.658 billion in total net assets. The ZEC and XRP net asset ratios were 3.46% and 1.79%, respectively.

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