Altcoin spot ETFs: NEAR alone draws inflows as XRP, SOL and three others see outflows

NEAR recorded a net inflow, while XRP, SOL, LINK, HBAR and ZEC posted net outflows. Dogecoin, Avalanche, Litecoin, Polkadot, Hyperliquid, BNB and TRON were flat. NEAR was the only altcoin spot ETF market to attract fresh capital on Oct. 16. XRP, SOL, LINK, HBAR and ZEC saw redemptions, while the other seven tracked assets recorded no net flows. XRP spot ETFs posted a $2.47 million net outflow, extending their outflow streak to two trading days. Of the five funds, Canary’s XRPC alone recorded an outflow of $2.47 million. Cumulative net inflows: $1.81 billion｜Trading volume: $27.65 million｜Total net assets: $1.47 billion (1.78% of market capitalization) Solana (SOL) spot ETFs shed $12.67 million, marking a 10th consecutive trading day of net outflows.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.