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.

The weekly totals mask a volatile round trip. Both Ethereum and Bitcoin (BTC) products sold off hard midweek, and only one of them recovered in time.

Two Bad Days in Washington, Then a Scramble Back

Both complexes opened the week in the green. Bitcoin ETFs took in $160.04 million on Monday, while Ethereum products added $121.02 million.

That reversed on Tuesday, when the Senate rejected cloture on the Digital Asset Market CLARITY Act by 49-50. Bitcoin funds lost $450.33 million that session, their worst of the week.

Then the Fed raised…