Spot $ZEC ETFs just had their first red week. Grayscale’s ZCSH lost $93.56 million in the week ended October 2, according to SoSoValue. That is the first net outflow since late August. September 30 was −$30.25 million. October 2 was −$26.93 million. Assets fell to about $751 million, from a September peak near $979 million. the fund had been taking coins in. September alone was about +$246 million. Cumulative inflows are still positive, near $213 million, after a launch on August 25. $ZEC closed near $1,304 on October 3, about 21% under the September 26 close above $1,650. flows are creations and redemptions, not Grayscale selling from its own book. They do pull spot demand the next day. Grayscale still says #Zcash can grow its share of the privacy market. The week did not. one red week after a $246 million month. Watch whether next week stays red. The launch bid just got its first test. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $BTC