Zcash holds above $1,500 on $98.21 million Grayscale ETF inflow and NU7 upgrade
- —Grayscale ZCSH ETF weekly inflow was $98.21 million, a fourth consecutive week
- —ZCSH assets under management reached $914.53 million, with about $250 million in monthly inflows
- —ZCSH will carry out a 3-for-1 stock split to improve liquidity
- —The NU7 upgrade is scheduled for November 5: block time will fall from 50 to 25 seconds
Why it matters: Institutional demand through the ETF and faster private transactions support ZEC, but an RSI near 70 signals overheating and pullback risk.
Source: FXStreet Crypto