Zcash ETF saw net outflows of $93.6 million in its first week recently. This reflects an increased cautious attitude toward allocating to crypto assets. I believe this may be related to macroeconomic uncertainty and a decline in investors’ risk appetite for crypto assets. While Zcash has privacy features, overall market sentiment has a significant impact. Short-term outflows do not necessarily indicate a long-term trend, but the subsequent developments should be monitored.#ZcashETF #BTC