Markets· ★★★· bullish·

Zcash ETFs Shed $59M in October While ZEC Keeps Climbing

  • —Zcash ETFs recorded $59 million in October outflows
  • —ZEC price kept climbing over the same period
  • —Investors appear to favor direct token holdings over ETFs
Why it matters: The gap between ETF outflows and price gains suggests demand for ZEC is coming from spot buyers rather than institutional vehicles.
Source: Google News (crypto query)