🚨 $ZEC JUST GOT ITS FIRST REAL ETF STRESS TEST — $93.6M LEFT IN ONE WEEK.
Grayscale’s ZCSH recorded its first weekly net outflow since its August launch, with roughly $93.6M withdrawn. Just two weeks earlier, the same fund had pulled in about $98.2M.
That is a brutal momentum flip:
$98M IN → two weeks later → $93.6M OUT.
Meanwhile, ZEC fell toward $1,300, roughly 23% below its recent ~$1,690 peak in the latest reported snapshot.
And here’s the part traders should watch:
ZCSH reportedly once held close to 3.5% of ZEC supply, so sustained redemptions could turn what was previously a major institutional bid into potential supply pressure.
But one ugly week doesn’t automatically kill the thesis.
The real question is what happens next:
ETF inflows return → this was profit-taking.
Outflows continue → institutional demand may actually be rolling over.
After a monster rally, ZEC finally has something more dangerous than shorts to fight:
investors asking for their money back. 👀
$ZEC $BTC
#SECHaltsCryptoETFReviewsAmidFundingLapse #ZcashETFPostsFirstWeeklyOutflow$93.6M #GreekPoliceBustCryptoScamRingArrest17 #BitcoinRejectedAt$87K #FedOctoberRateHikeOddsFallTo17%
Grayscale’s ZCSH recorded its first weekly net outflow since its August launch, with roughly $93.6M withdrawn. Just two weeks earlier, the same fund had pulled in about $98.2M.
That is a brutal momentum flip:
$98M IN → two weeks later → $93.6M OUT.
Meanwhile, ZEC fell toward $1,300, roughly 23% below its recent ~$1,690 peak in the latest reported snapshot.
And here’s the part traders should watch:
ZCSH reportedly once held close to 3.5% of ZEC supply, so sustained redemptions could turn what was previously a major institutional bid into potential supply pressure.
But one ugly week doesn’t automatically kill the thesis.
The real question is what happens next:
ETF inflows return → this was profit-taking.
Outflows continue → institutional demand may actually be rolling over.
After a monster rally, ZEC finally has something more dangerous than shorts to fight:
investors asking for their money back. 👀
$ZEC $BTC
#SECHaltsCryptoETFReviewsAmidFundingLapse #ZcashETFPostsFirstWeeklyOutflow$93.6M #GreekPoliceBustCryptoScamRingArrest17 #BitcoinRejectedAt$87K #FedOctoberRateHikeOddsFallTo17%
