U.S. XRP and Zcash ETFs Register $5.07 Million Net Outflows
U.S. XRP and Zcash exchange-traded funds recorded $5.07 million in net outflows, driven largely by Zcash, according to Pluang.
U.S. exchange-traded funds tracking XRP and Zcash saw $5.07 million in net outflows, according to data published by Pluang. The withdrawals were predominantly driven by Zcash investment products, signaling mixed investor interest across the two digital asset classes.
Outflow Breakdown
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According to Pluang, the negative net flows highlight a divergence in institutional sentiment compared to other broader digital asset investment vehicles, with Zcash bearing the brunt of the capital exits.
Key facts
- Total Net Outflows: $5.07 million
- Primary Driver: Zcash-focused exchange-traded funds
- Market Signal: Mixed investor interest across U.S. XRP and Zcash ETFs
Source: news.google.com
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