Zcash ETFs Post First Weekly Outflow of $93.6M Since Launch
- —Zcash ETFs saw $93.6 million in weekly outflows, the first since their August debut
- —Two weeks earlier Grayscale's ZCSH fund drew $98.2 million, the most among crypto ETFs
- —ZEC trades near $1,308, down 17.5% for the week and 23% from its $1,690 high
- —No daily net inflows have been recorded since September 22
Why it matters: The ETF flow reversal adds pressure on ZEC; holding the $1,270–1,300 support will determine whether the correction deepens.
Source: BeInCrypto KR