According to Mars Finance, as of September 4, Grayscale’s Zcash ETF (ZCSH), which launched on the NYSE Arca on August 25, has accumulated net inflows of approximately $34.4 million. ZCSH, launched by Grayscale, is the first exchange-traded product offering direct spot exposure to ZEC. According to market data, ZEC surpassed $1,000 today, reaching a new all-time high, and has risen approximately 31% since the launch of the Zcash ETF.
Grayscale ZEC ETF Sees Over $34M in Net Inflows; ZEC Rises 31%
MarsBitShare
Summary
Grayscale ZEC ETF news shows $34.4 million in net inflows since its August 25 listing on NYSE Arca. ZCSH is the first ETF to offer direct exposure to ZEC. ZEC’s price has risen 31%, surpassing $1,000 today to reach a new high. Bitcoin ETF news remains a hot topic as institutional interest in crypto products continues to grow. ZEC’s rally aligns with broader market optimism.
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