$ZEC
ZCASH rips up 32% of ETF volume and rattles the market.
💰 The spot Zcash ETF launched in late August delivered a huge run: it already captures 32.5% of all trading volume in crypto ETFs.
The biggest spike came on September 16, driven by the market’s reaction to Fed rates and legislative updates in the United States.
However, behind the number there’s fine print: the surge in volume was mainly driven by short-term arbitrage trades, not by an organic or sustained accumulation by investors.
In concrete figures, the fund’s assets under management reached US$914 million, though this jump was largely pulled along by the token’s 175% rally in price.
The actual net capital inflows are around US$271 million.
With these figures, the instrument consolidates as the third-largest altcoin ETF in the market. A strong start with record volume, but concentrated in short-term speculative bursts.
#zec #TradingCommunity #TrendingTopic #crypto #AltSeasonComing
TRADE HERE 👇
$ZEC
ZCASH rips up 32% of ETF volume and rattles the market.
💰 The spot Zcash ETF launched in late August delivered a huge run: it already captures 32.5% of all trading volume in crypto ETFs.
The biggest spike came on September 16, driven by the market’s reaction to Fed rates and legislative updates in the United States.
However, behind the number there’s fine print: the surge in volume was mainly driven by short-term arbitrage trades, not by an organic or sustained accumulation by investors.
In concrete figures, the fund’s assets under management reached US$914 million, though this jump was largely pulled along by the token’s 175% rally in price.
The actual net capital inflows are around US$271 million.
With these figures, the instrument consolidates as the third-largest altcoin ETF in the market. A strong start with record volume, but concentrated in short-term speculative bursts.
#zec #TradingCommunity #TrendingTopic #crypto #AltSeasonComing
TRADE HERE 👇
$ZEC
