US spot Zcash ETFs see $3.57M daily net outflow
- —Daily net outflow from spot ZEC ETFs reached $3.57 million
- —All outflows came from Grayscale Zcash ETF (ZCSH)
- —Cumulative inflows since ETF launch total $209 million
- —Net assets stand at $782 million, ZEC ratio at 3.42%
Why it matters: Sustained outflows from ZEC ETFs add selling pressure after the token's 1000% year-to-date rally.
Source: TokenPost