Grayscale’s Zcash ETF Hits $1 Billion — But It’s Not All New Money
Grayscale’s Zcash ETF has crossed the $1 billion mark just one month after listing.
But there’s an important detail behind the headline. 📊
According to Grayscale’s flow data, much of the increase in assets came from ZEC’s rising price, rather than fresh investor money flowing into the ETF.
So while the ETF has reached a major milestone, the $1 billion figure doesn’t mean investors deposited $1 billion of new capital.
Zcash is back in the spotlight — but the real story is how much of that growth came from price appreciaton
#cryptouniverseofficial #CryptoNews $NVDAB
$AAPLB
Grayscale’s Zcash ETF has crossed the $1 billion mark just one month after listing.
But there’s an important detail behind the headline. 📊
According to Grayscale’s flow data, much of the increase in assets came from ZEC’s rising price, rather than fresh investor money flowing into the ETF.
So while the ETF has reached a major milestone, the $1 billion figure doesn’t mean investors deposited $1 billion of new capital.
Zcash is back in the spotlight — but the real story is how much of that growth came from price appreciaton
#cryptouniverseofficial #CryptoNews $NVDAB
$AAPLB
