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Grayscale’s spot ZEC ETF, ZCSH, recorded $93.56 million in net outflows over the past week. The fund saw $30.25 million leave on Sept. 30 alone and another $26.93 million on Oct. 2.
ZCSH was converted from the Grayscale Zcash Trust into an ETF on Aug. 25 and listed on NYSE Arca. Cumulative net inflows after launch had at one point risen to $271 million in mid-September.