๐จ $ZEC ETF POSTS FIRST WEEKLY OUTFLOWS!
$ZEC โs ETF recorded its first net outflows since the August launch, with investors pulling $93.6 million as ZEC slid toward $1,300. Grayscaleโs ZCSH took in $98.2M two weeks earlier, but no daily inflows since Sept 22. ZEC trades near $1,308 โ down 17.5% this week and 23% from its $1,690 peak.
The first weekly outflow marks a clear shift after a strong launch. One week of redemptions doesnโt kill the trend, but sustained outflows would pressure $ZEC further. Price action near $1,300, liquidity, and whether demand returns will decide the next move. October is testing conviction for privacy coins.
#ZEC #crypto #Binanace #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17%
$ZEC โs ETF recorded its first net outflows since the August launch, with investors pulling $93.6 million as ZEC slid toward $1,300. Grayscaleโs ZCSH took in $98.2M two weeks earlier, but no daily inflows since Sept 22. ZEC trades near $1,308 โ down 17.5% this week and 23% from its $1,690 peak.
The first weekly outflow marks a clear shift after a strong launch. One week of redemptions doesnโt kill the trend, but sustained outflows would pressure $ZEC further. Price action near $1,300, liquidity, and whether demand returns will decide the next move. October is testing conviction for privacy coins.
#ZEC #crypto #Binanace #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17%
