🚨 ZCASH ETF FLOW ALERT 🚨
#ZcashETFPostsFirstWeeklyOutflow $93.6M
Zcash ($ZEC) ETF flows have taken a sharp turn.
Grayscale’s ZCSH recorded its first weekly net outflow since launching in August, with approximately $93.6M withdrawn during the latest week.
📊 Key numbers: • Previous strong weekly inflow: +$98.2M • Latest weekly outflow: -$93.6M • ZEC price around $1,300 • Reported weekly ZEC decline: roughly 17.5% • ZCSH AUM: around $751M
This is a major change in ETF flow direction, but one week of outflows alone does not establish a long-term trend. ETF flows should be viewed alongside ZEC price action, trading volume and broader crypto-market conditions.
👀 What to watch next: ➡️ Will ETF outflows continue? ➡️ Can ZEC stabilize around current levels? ➡️ Will fresh institutional demand return?
The next few trading sessions could provide more clarity.
#ZEC #Zcash #Crypto #CryptoNews #ETF #ZcashETF #BinanceSquare #Altcoins #Web3
#ZcashETFPostsFirstWeeklyOutflow$93.6M
#ZcashETFPostsFirstWeeklyOutflow $93.6M
Zcash ($ZEC) ETF flows have taken a sharp turn.
Grayscale’s ZCSH recorded its first weekly net outflow since launching in August, with approximately $93.6M withdrawn during the latest week.
📊 Key numbers: • Previous strong weekly inflow: +$98.2M • Latest weekly outflow: -$93.6M • ZEC price around $1,300 • Reported weekly ZEC decline: roughly 17.5% • ZCSH AUM: around $751M
This is a major change in ETF flow direction, but one week of outflows alone does not establish a long-term trend. ETF flows should be viewed alongside ZEC price action, trading volume and broader crypto-market conditions.
👀 What to watch next: ➡️ Will ETF outflows continue? ➡️ Can ZEC stabilize around current levels? ➡️ Will fresh institutional demand return?
The next few trading sessions could provide more clarity.
#ZEC #Zcash #Crypto #CryptoNews #ETF #ZcashETF #BinanceSquare #Altcoins #Web3
#ZcashETFPostsFirstWeeklyOutflow$93.6M