🚨 GRAYSCALE GOES BIG ON ZCASH — BUT $ZEC IS STILL FALLING! 🦓
Grayscale has launched a major advertising campaign to put Zcash ($ZEC ) in the spotlight. Here's what's happening:
🔥 What's New?
A major Wall Street Journal advertising campaign, including a front-page wrap and full-page ad.
A new educational website: ZcashInvest.com
Campaign coverage across print, outdoor, digital, streaming and social media.
Grants to Zcash-focused organizations increased to $1 MILLION.
$400K has already been awarded to four organizations supporting Zcash development and advocacy.
Grayscale intends to reinvest 100% of ZCSH sponsor fees into the Zcash network for up to the ETF's first year.
📉 BUT THE MARKET ISN'T CELEBRATING YET!
$ZEC is down approximately 13%, trading near $1,025.
ZCSH shares have fallen around 12% to $27.25.
ZCSH recorded over $15M in November net outflows so far, excluding Tuesday's figures.
October saw approximately $46.25M in net outflows.
👀 THE BIG PICTURE
Grayscale is investing heavily in Zcash's visibility, privacy narrative and ecosystem development. But falling prices and ETF outflows show that institutional interest and market demand don't always move together.
The big question: Is this a long-term bullish development for ZEC, or will selling pressure continue?
💬 What do you think — BULLISH or BEARISH on $ZEC?
🔎 Explore ZEC on Binance and follow for more crypto news, market insights and free signals.
Grayscale has launched a major advertising campaign to put Zcash ($ZEC ) in the spotlight. Here's what's happening:
🔥 What's New?
A major Wall Street Journal advertising campaign, including a front-page wrap and full-page ad.
A new educational website: ZcashInvest.com
Campaign coverage across print, outdoor, digital, streaming and social media.
Grants to Zcash-focused organizations increased to $1 MILLION.
$400K has already been awarded to four organizations supporting Zcash development and advocacy.
Grayscale intends to reinvest 100% of ZCSH sponsor fees into the Zcash network for up to the ETF's first year.
📉 BUT THE MARKET ISN'T CELEBRATING YET!
$ZEC is down approximately 13%, trading near $1,025.
ZCSH shares have fallen around 12% to $27.25.
ZCSH recorded over $15M in November net outflows so far, excluding Tuesday's figures.
October saw approximately $46.25M in net outflows.
👀 THE BIG PICTURE
Grayscale is investing heavily in Zcash's visibility, privacy narrative and ecosystem development. But falling prices and ETF outflows show that institutional interest and market demand don't always move together.
The big question: Is this a long-term bullish development for ZEC, or will selling pressure continue?
💬 What do you think — BULLISH or BEARISH on $ZEC?
🔎 Explore ZEC on Binance and follow for more crypto news, market insights and free signals.