Markets· ★★★· bearish·

Grayscale's Zcash ETF Sees $30.25M Net Outflow on Sept. 30

  • —The $30.25 million outflow was the largest since ZCSH launched on August 25
  • —Cumulative net inflows dropped to about $268 million
  • —The fund had pulled in roughly $233 million by mid-September
Why it matters: The sharp flow reversal in the Zcash ETF signals cooling demand for privacy coins after ZEC's rally.
Source: Coinotag