Zcash ETF Lost Over $93 Million This Week. Is the Rally Over for ZEC?

2 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$93.6M

ZEC ETF outflows

$ZEC

$1,297

-6.0%

Zcash’s ETF has recorded its first week of net outflows since launching in August. Investors withdrew $93.6 million this week, as ZEC’s price fell toward $1,300. The withdrawals mark a sharp change for Grayscale’s ZCSH fund. Just two weeks…