Bitcoin and Zcash ETFs extend inflows as Ether and Solana funds bleed
- —Bitcoin ETFs: +$137.3M, nearly all into BlackRock's IBIT; third straight inflow day
- —Ether ETFs: -$21.4M, third day of outflows; BlackRock ETHA lost $44.8M
- —Solana ETFs: -$5.7M, entirely from Bitwise's BSOL
- —Zcash ETFs: +$2.1M, with Grayscale ZCSH up seven sessions in a row
Why it matters: The split flows suggest investors are rotating out of Ether and Solana into Bitcoin and Zcash as altcoins stay weak.
Source: Blockmedia