Zcash nears $1,300 as ETF inflows hit $15.18M and futures open interest climbs to $2.89B
- —ZEC trades near $1,287, up about 15% on the week after a three-day rebound
- —Grayscale's Zcash ETF took in $15.18 million, up from $1.61 million a day earlier
- —ZEC futures open interest rose by roughly $510 million to $2.89 billion
- —ZEC holds above its 4-hour EMA50 at $1,210 and EMA200 at $1,235
Why it matters: Renewed ETF demand and rising leverage point to returning participation, though two sessions of inflows do not yet reverse weeks of outflows.
Source: Cryptonews.net