Zcash (ZEC) gained 4% on Wednesday, adding to a 4% rise the previous day and trimming Monday's 8% loss. Grayscale's ZEC-focused ETF saw more than $5m in outflows on Tuesday.
The story so far: Grayscale Zcash ETF ZCSH
Grayscale's Zcash ETF (ZCSH) launched Aug. 25 and reached $1B in net assets by Sept. 24. US spot ZEC ETFs saw a combined $18.7M net outflow on Oct. 8, all from ZCSH. On Nov. 5, US spot ZEC and NEAR ETFs posted combined net outflows of $11.8m, with ZCSH accounting for $11m.
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Zcash rises 4% as Grayscale's ZEC ETF sees outflows
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