Spot ETF market share for altcoins shows Solana leading at 46%, with Hyperliquid and Zcash gaining traction as new entrants.
Ecosystem ·
Solana maintains the largest share of spot ETF volume among altcoins at 46%, while three other tokens have divided the remaining market. Zcash, XRP, and Hyperliquid account for 27%, 12%, and 11% of volume respectively, with the latter two emerging as newer participants in the spot ETF space.
The composition has shifted since the year's start, when the altcoin ETF market was concentrated between Solana and Ripple. Hyperliquid and Zcash have since established measurable positions in the ecosystem, signaling growing institutional interest in diversified altcoin exposure through exchange-traded products.
The data reflects spot ETF volume only and excludes Bitcoin and Ethereum. Whether these share shifts reflect sustained institutional demand or near-term trading patterns, and how additional altcoins may enter the space, remains to be seen.