Grayscale’s Zcash ETF Records $93.56 Million Weekly Outflow
Photo: TokenPost
Grayscale’s Zcash ETF (ZCSH) recorded $93.56 million in net outflows during the week ended Oct. 2, marking its first negative week since late August after strong inflows throughout September. The withdrawals included $8.12 million on Sept. 28, $30.25 million on Sept. 30, $28.26 million on Oct. 1 and $26.93 million on Oct. 2. Despite the weekly reversal, cumulative net inflows remained positive at approximately $212.56 million, while assets under management stood at about $751 million. The fund’s outflows show withdrawals from the exchange-traded product but do not establish that ETF activity caused changes in the price of Zcash (ZEC).
Source: TokenPost
