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Zcash ETF Inflows Reverse Three Weeks of Outflows as ZEC Rallies

Picture: Blockonomi

TLDR: Grayscale’s Zcash ETF drew $41.1 million last week, ending three straight weeks of withdrawals that removed $143.4 million from the fund. ZEC rose 6.98% over seven days while Bitcoin and Ethereum prices declined; Bitcoin ETFs still ended the week with $301.2 million in net inflows. ZEC rebounded from $1,118 and now faces $1,200 and $1,223 technical levels, while Whale Factor identifies $597 in a view based on a declining channel. NU7 mainnet activation is listed for November 5 after an October 20 decision on the activation height, while the Federal Reserve meets October 27–28.

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