#ZcashETFPostsFirstWeeklyOutflow$93.6M
Grayscale’s spot Zcash ETF ($ZCSH) logged its first negative week since launching, pulling back by $93.56M. Assets under management adjusted down to ~$751M following recent daily redemptions.
The Context: Cumulative net inflows remain sitting above $212M.
The Trigger: Routine profit-taking near resistance levels after a extended multi-week rally toward $1,700.
What to Watch: Whether spot $ZEC holds support around the $1,250–$1,300 zone as fund holdings rebalance.
Is this an institutional cool-off period or a prime re-entry zone? Share your targets below?
#zec
#zcash
#CryptoAnalysis
#Market_Update
Grayscale’s spot Zcash ETF ($ZCSH) logged its first negative week since launching, pulling back by $93.56M. Assets under management adjusted down to ~$751M following recent daily redemptions.
The Context: Cumulative net inflows remain sitting above $212M.
The Trigger: Routine profit-taking near resistance levels after a extended multi-week rally toward $1,700.
What to Watch: Whether spot $ZEC holds support around the $1,250–$1,300 zone as fund holdings rebalance.
Is this an institutional cool-off period or a prime re-entry zone? Share your targets below?
#zec
#zcash
#CryptoAnalysis
#Market_Update