Grayscale's ZCSH posts $58.6M October outflow despite six-day inflow streak
- —October net outflow reached $58.56M, with inflows on 7 of 19 trading days
- —ZCSH took in $1.96M on Oct. 26 and $3.45M on Oct. 27
- —AUM was $751.4M as of Oct. 27, with a 2.50% management fee
- —Zcash NU7 mainnet activation is scheduled for Nov. 5
Why it matters: The outflow suggests institutional demand for Zcash is cooling even as ZEC rallies and the network prepares its NU7 upgrade.
Source: TokenPost