#ZcashETFPostsFirstWeeklyOutflow$93.6M
Zcash ETF Records First Weekly Outflow of $93.6M
Grayscale’s spot Zcash ETF, ZCSH, recorded its first weekly net outflow since launching in August, with investors withdrawing approximately $93.6 million during the week ended October 2. �
Yahoo Finance +1
The reversal marks a notable shift in investor demand. Just two weeks earlier, ZCSH attracted about $98.2 million in weekly inflows. The fund also recorded significant daily withdrawals, including roughly $30.25 million on September 30 and $26.93 million on October 2. �
Coinness
The ETF outflows came as ZEC weakened toward $1,300, with the cryptocurrency down roughly 17.5% for the week and about 23% from its recent peak near $1,690, according to market reports. �
Yahoo Finance
The sharp change in ETF flows could signal cooling institutional demand for Zcash after its strong post-launch performance. However, ETF outflows alone do not determine ZEC’s future direction, and traders will likely watch whether withdrawals continue or inflows return in the coming sessions. �
kucoin.com
Key takeaway: ZCSH’s first weekly outflow since launch represents a significant reversal in sentiment and adds pressure to ZEC as the privacy-focused cryptocurrency enters October with weaker momentum.$NVDAB $AAPLB
Zcash ETF Records First Weekly Outflow of $93.6M
Grayscale’s spot Zcash ETF, ZCSH, recorded its first weekly net outflow since launching in August, with investors withdrawing approximately $93.6 million during the week ended October 2. �
Yahoo Finance +1
The reversal marks a notable shift in investor demand. Just two weeks earlier, ZCSH attracted about $98.2 million in weekly inflows. The fund also recorded significant daily withdrawals, including roughly $30.25 million on September 30 and $26.93 million on October 2. �
Coinness
The ETF outflows came as ZEC weakened toward $1,300, with the cryptocurrency down roughly 17.5% for the week and about 23% from its recent peak near $1,690, according to market reports. �
Yahoo Finance
The sharp change in ETF flows could signal cooling institutional demand for Zcash after its strong post-launch performance. However, ETF outflows alone do not determine ZEC’s future direction, and traders will likely watch whether withdrawals continue or inflows return in the coming sessions. �
kucoin.com
Key takeaway: ZCSH’s first weekly outflow since launch represents a significant reversal in sentiment and adds pressure to ZEC as the privacy-focused cryptocurrency enters October with weaker momentum.$NVDAB $AAPLB