ZEC remains a standout in the crypto market. The coin quickly recovered to the multi-year highs of $700 set earlier this month. This is quite impressive, considering the retreat of Bitcoin, which affects the entire crypto market. At the same time, we are wary of this growth, given its difficult legacy, as in previous bull markets, the rise of Zcash was a harbinger of the end.
Crypto News
The inflow into spot Solana ETFs in the US has continued for 16 consecutive trading sessions. During this time, $420.4 million has been invested in the funds. Canary’s recently launched XRP ETF in the US is also performing well, with an inflow of $276.8 million over three trading sessions; however, the bulk of the investment occurred on the first day of trading.
On November 18th, trading commenced on Solana-based spot exchange-traded funds from Fidelity (FSOL) and Canary Capital (SOLC) on the NYSE Arca and Nasdaq exchanges, respectively. Thus, five Solana spot ETFs are now trading in the US.
