Zcash ETF sees $93.56M outflows in early October, first net withdrawal week since August
Grayscale's Zcash ETF (ZCSH) experienced $93.56 million in net outflows during the week ending October 2, marking its first negative week since late August after strong inflows in September. Despite these withdrawals, the fund's cumulative net inflows remain positive at about $212.56 million, with assets under management around $751 million. The ETF underwent a 3-for-1 share split on September 30, increasing shares outstanding but not affecting total investment value. These outflows reflect investor withdrawals from the ETF but do not necessarily impact the price of Zcash (ZEC).
Grayscale's Zcash ETF (ZCSH) experienced $93.56 million in net outflows during the week ending October 2, marking its first negative week since late August after strong inflows in September. Despite these withdrawals, the fund's cumulative net inflows remain positive at about $212.56 million, with assets under management around $751 million. The ETF underwent a 3-for-1 share split on September 30, increasing shares outstanding but not affecting total investment value. These outflows reflect investor withdrawals from the ETF but do not necessarily impact the price of Zcash (ZEC).
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