Zcash Spot ETFs Lead Weekly Inflows as Bitcoin and Ethereum Products See Outflows

Zcash (ZEC) spot exchange‑traded funds (ETFs) drew $98.2 million in the week ending September 18, the largest inflow among 14 crypto products. Ethereum (ETH) funds posted the only outflow at $140 million.

Volatile Mid‑Week Movements

Both Bitcoin (BTC) and Ethereum ETFs experienced sharp sell‑offs mid‑week. Bitcoin ETFs lost $450.33 million on Tuesday after the Senate rejected cloture on the Digital Asset Market CLARITY Act, and a further $295.98 million on Wednesday following a 25‑basis‑point Fed rate hike. Ethereum ETFs fell $224.11 million on Wednesday and continued to lose $404.82 million over three sessions before a modest $143.80 million inflow on Friday.

Recovery and Weekly Totals

Bitcoin ETFs rebounded on Thursday and Friday, pulling in $433.03 million and ending the week with a net gain of $6.2 million – the smallest weekly net flow in 141 weeks. Ethereum’s outflows outweighed its Friday inflow, leaving a net loss for the week.

Zcash ETF Momentum

The Zcash ETF has logged four consecutive weeks of positive inflows since its late‑August launch, accumulating $271 million in total assets and reaching $914.5 million, a 40.5 % weekly increase. It now ranks as the third‑largest altcoin ETF behind XRP and Solana.

Other Altcoin ETF Activity

• Solana (SOL) added $13.2 million, extending a 12‑week positive streak.
• XRP added $9.6 million.
• Hyperliquid (HYPE) recorded a $3.1 million inflow after a prior $26.4 million outflow.
• Chainlink (LINK), Avalanche (AVAX), Tron (TRX), Dogecoin (DOGE), Litecoin (LTC) and Hedera (HBAR) together drew under $4.8 million.
• BNB and Polkadot (DOT) saw no net flows.

Overall, net flows across all 14 spot crypto ETFs were negative $5 million, while combined assets grew 4.89 % to $123.9 billion.