NEAR Spot ETF Sees $2.6M Daily Net Inflow, ZEC Spot ETF Records $1.22M Net Outflow

iconKuCoinFlash
Share
This is the logo of the coin.
NEAR
$5.05-4.93%
This is the logo of the coin.
ZEC
$1,146.56-6.46%
AI summary iconSummary
ETF news on October 16 shows the NEAR spot ETF recorded a $2.6062 million net inflow, entirely driven by the Bitwise NEAR ETF (NRR). Total inflow now reaches $83.0469 million. Meanwhile, the ZEC spot ETF experienced a $1.2197 million net outflow, with the Zcash ETF (ZCSH) being the sole contributor to the outflow. The NEAR ETF has a net asset value of $8.2356 million and a 1.26% share ratio, while the ZEC ETF holds $62.5 million with a 3.23% share ratio. Bitcoin ETF news remained unchanged in this update.

Odaily Planet Daily reports, according to SoSoValue data, on yesterday (Eastern Time, October 16), the total net inflow for U.S. NEAR spot ETFs was $2.6062 million, with only the Bitwise NEAR ETF (NRR) recording a net inflow, bringing its cumulative historical net inflow to $83.0469 million. During the same period, the total net outflow for U.S. ZEC spot ETFs was $1.2197 million, with only the Zcash ETF (ZCSH) experiencing a net outflow, while its cumulative historical net inflow stands at $163 million.

As of the time of publication, the total net asset value of the NEAR spot ETF is $823.556 million, with NEAR accounting for 1.26% of net assets; the total net asset value of the ZEC spot ETF is $6.25 billion, with ZEC accounting for 3.23% of net assets.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.