Grayscale Zcash ETF sees $93.56M weekly outflow as wallet moves 1,000 ZEC to shielded pool
- —Grayscale Zcash ETF posted $93.56M net weekly outflow as of October 2
- —A wallet withdrew 1,000 ZEC worth $1.33M from Binance to a shielded pool
- —Winklevoss filed an S-1 for a Zcash ETF with the SEC on October 6
- —ETF outflows and wallet moves are distinct metrics with different scopes
Why it matters: ETF outflows weigh on ZEC, but the Winklevoss filing could revive interest if approved.
Source: TokenPost