,300. That's the line $ZEC refuses to give up. ๐
Bitcoin slid under $84K and nearly everything bled red, but ZEC led the majors with a ~2% gain to about $1,360 (CoinDesk). Earlier today I posted about Grayscale's Zcash ETF pulling over $1B in its first month โ then the Winklevoss twins filed their own at 0.25%, undercutting Grayscale's 2.5% fee by 90%.
My take: the market treats $ZEC like a trade. Institutions are starting to treat it like an allocation. When a coin holds up into a market-wide dump, that is the bid talking.
Which ZEC ETF wins the inflow race โ Grayscale or Winklevoss?
$ZEC $BTC
#ZEC #WinklevossFilesSpotZcashETFApplication #CryptoNews
DYOR
Bitcoin slid under $84K and nearly everything bled red, but ZEC led the majors with a ~2% gain to about $1,360 (CoinDesk). Earlier today I posted about Grayscale's Zcash ETF pulling over $1B in its first month โ then the Winklevoss twins filed their own at 0.25%, undercutting Grayscale's 2.5% fee by 90%.
My take: the market treats $ZEC like a trade. Institutions are starting to treat it like an allocation. When a coin holds up into a market-wide dump, that is the bid talking.
Which ZEC ETF wins the inflow race โ Grayscale or Winklevoss?
$ZEC $BTC
#ZEC #WinklevossFilesSpotZcashETFApplication #CryptoNews
DYOR
