ZCASH ETF UPDATE
Zcash’s ETF has recorded its first weekly net outflow since launching in August.
Investors withdrew $93.6M as $ZEC fell toward $1,300. Grayscale’s ZCSH had attracted $98.2M two weeks earlier, but no daily net inflows have been recorded since September 22, according to SoSoValue.
ZEC was around $1,308 on October 3, down about 17.5% for the week and roughly 23% from its recent $1,690 peak.
$ZEC
Zcash’s ETF has recorded its first weekly net outflow since launching in August.
Investors withdrew $93.6M as $ZEC fell toward $1,300. Grayscale’s ZCSH had attracted $98.2M two weeks earlier, but no daily net inflows have been recorded since September 22, according to SoSoValue.
ZEC was around $1,308 on October 3, down about 17.5% for the week and roughly 23% from its recent $1,690 peak.
$ZEC