US spot ZEC ETF sees $8.49M daily net outflow
- —ZCSH posted $8.49 million in net outflows on October 7
- —Cumulative inflows into the ZEC ETF reached $201 million
- —Net assets total $767 million, or 3.41% of ZEC's market cap
Why it matters: Outflows from the sole spot ZEC ETF may signal shifting institutional sentiment after Zcash's recent rally.
Source: PANews