Markets· ★★★· bullish·

Zcash holds above $1,300 as Grayscale ETF inflows stretch to six days

  • —Grayscale's ZCSH ETF drew $3.45 million on Tuesday, up from $1.96 million a day earlier
  • —Inflows have run for six consecutive days, totaling $5.41 million this week
  • —ZEC futures open interest climbed 16% to $2.91 billion
  • —Short liquidations accounted for $7.58 million of the $8.11 million total
Why it matters: A break above $1,373 would open the path to the $1,698 swing high, but the move hinges on continued ETF inflows.
Source: FXStreet Crypto