Which Crypto ETF Drew the Most Money Last Week? Not Bitcoin, and Not Ethereum
Zcash (ZEC) ETFs led crypto inflows with $98.2M last week, while Ethereum (ETH) funds saw $140M outflows. Bitcoin (BTC) ETFs had volatile flows, ending with a small net inflow. Zcash's ETF saw four straight positive weeks, totaling $271M. Overall, net flows were negative $5M across 14 crypto products.
How this was made
The 30-second read
Why it matters
The data provides fresh insight into investor positioning in crypto ETFs after recent US policy shocks.
Market read
Crypto ETF flow data offers traders a short‑term gauge of sentiment and potential price pressure on underlying assets.
What to watch
Policy events (Senate vote, Fed rate hike) drove intra‑week volatility; future legislative outcomes could repeat patterns.
Background
Weekly inflow/outflow figures for 14 spot crypto ETFs, highlighting Zcash as top inflow and Bitcoin/Ethereum volatility due to policy news.
Ticker impact
Bitcoin ETFs saw $160.04M inflow then $450.33M outflow after Senate vote, net weekly $6.2M.
Minimal directional bias; watch for next policy cue.
Large intra‑week swings but net flow is tiny relative to assets.
Ethereum ETFs posted $121.02M inflow then $224.11M outflow, ending with a $404.82M net outflow for the week.
Potential downside pressure; monitor for reversal.
Net outflow exceeds $400M, sizable relative to ETF assets.
Zcash spot ETFs attracted $98.2M inflow, the largest among 14 crypto products for the week.
Possible short‑term upside for ZEC.
Largest weekly inflow among peers; assets up 40.5%.
XRP ETF added $9.6M inflow, ranking third‑largest altcoin ETF.
Limited effect on XRP price.
Small absolute flow relative to market size.
Solana ETF recorded $13.2M inflow, extending a 12‑week positive streak.
Potential modest upside.
12 consecutive weeks of net inflows.
Hyperliquid token ETF flipped to a $3.1M inflow after a $26.4M outflow earlier.
Little directional impact.
Flows are small relative to overall crypto market.
Chainlink ETF contributed to sub‑$4.8M combined inflow for several altcoins.
No significant move expected.
Very small flow amount.
Avalanche ETF part of sub‑$4.8M combined inflow for several altcoins.
No significant move expected.
Very small flow amount.
Market effects
Crypto ETF inflows/outflows may signal short‑term sentiment for underlying assets.
U.S. crypto‑ETF market reflects broader investor appetite for digital assets.
Flows influence global crypto price dynamics, especially for ZEC, BTC, ETH.
Counterpoint
Despite large Bitcoin outflows, net flow is near zero, suggesting price may be resilient.
Key entities
- cryptocurrencyZcash
Largest net inflow among crypto ETFs.
- cryptocurrencyBitcoin
Net near‑flat flow after large intra‑week swings.
- cryptocurrencyEthereum
Significant net outflow for the week.
