Zcash spot ETFs experienced a total net outflow of $18.66 million on October 8, driven entirely by redemptions from the Zcash ETF (ZCSH). Despite the daily withdrawal, the product has accumulated $182 million in historical net inflows since inception.
Total net assets for ZEC spot ETFs currently stand at $656 million, with ZEC representing 3.27% of the underlying net asset value. The single-day outflow marks a temporary reversal in capital flows following sustained institutional interest in the privacy-focused cryptocurrency vehicle.
ZEC Spot ETFs Record $18.66 Million Single-Day Net Outflow
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