Markets· ★★★· bearish·

Zcash at $1,241 as Winklevoss File New ETF While Grayscale Bleeds $105M

  • —ZEC fell to $1,241, about 27% below its September 27 high of $1,698
  • —Grayscale's Zcash ETF ZCSH posted $12.05 million in weekly net outflows
  • —The fund lost $93.56 million the previous week
  • —The Winklevoss twins filed for a new spot Zcash ETF
Why it matters: Grayscale outflows keep pressure on ZEC, while the new ETF filing does not guarantee approval or fresh inflows.
#ZEC
Source: Cryptonews.net
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