Markets· ★★★· neutral·

Altcoin spot ETFs: inflows into XRP, AVAX and NEAR, outflows from SOL, HYPE and ZEC

  • —XRP ETFs: $8.17M inflow, all into Franklin XRPZ
  • —SOL ETFs: $3.32M outflow, fourth straight day
  • —AVAX ETFs: $2.52M inflow from Grayscale and VanEck
  • —ZEC ETFs: $18.66M outflow, second straight day
Why it matters: The mixed flows show institutions rotating out of Solana and Zcash ETFs into XRP, AVAX and NEAR products.
Source: TokenPost