Spot ETF market share for non-BTC and ETH ETFs started the year dominated by Solana and Ripple. Since then, new entrants Hyperliquid and Zcash have carved out market share.
Solana remains the largest token ETF by volume at 46%, while the remaining share is split among ZEC, XRP, and HYPE at 27%, 12%, and 11%, respectively
Sep 24, 2026 · 3:01 PM UTC
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Non-BTC/ETH spot ETF flows show SOL still leading at 46% share as of Sep 2026, but new entrants HYPE and ZEC have grabbed 11% and 27% respectively, squeezing XRP to 12%. Early 2024 dominance by SOL/XRP has fragmented amid broader alt ETF launches. Catalyst for alt liquidity; risk of further dilution for legacy names.
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