Ethereum ETFs Lose $140 Million in a Week as ZEC ETFs Attract $98.21 Million
- —Ethereum ETFs: $140 million weekly outflow, peak outflow of $224.11 million on September 16
- —Bitcoin ETFs: $6.21 million inflow, led by BlackRock's IBIT with $120.66 million
- —ZEC ETFs attracted $98.21 million, XRP ETFs $9.56 million, SOL ETFs $13.19 million
- —BlackRock's ETHA lost $56.05 million, ARKB lost $141.86 million
Why it matters: Capital rotating out of ETH funds into ZEC and other altcoins reflects a shift in investor preferences within crypto ETFs.
Source: Incrypted