Markets· ★★★· bearish·

Grayscale Zcash ETF sees $93.56M weekly outflow

  • —Grayscale Zcash ETF posted $93.56M in net weekly outflows
  • —ZEC is down 34% from its recent peak
  • —A whale address bought $32M of ZEC, unverified data
Why it matters: The ZEC ETF outflows and 34% price drop signal weak institutional demand for privacy-focused assets.
Source: TokenPost