Grayscale’s Zcash ETF, trading under the ticker ZCSH, has recorded about $34.4 million in cumulative net inflows since listing on NYSE Arca on Aug. 25, according to BlockBeats. The product was launched by Grayscale and is described as the first exchange-traded product to offer spot exposure to ZEC.
Market data cited from HTX showed ZEC moved above $1,000 on Sept. 4, setting a new all-time high. Over the same period since the ETF’s debut, the token has gained about 31%. The figures connect ETF flows with a strong move in ZEC’s market price, covering both capital entering the fund and the token’s performance after the listing.
Grayscale’s Zcash ETF (ZCSH) has seen cumulative net inflows of about $34.4 million since listing on NYSE Arca on Aug. 25, according to BlockBeats.
Launched by Grayscale, ZCSH is the first exchange-traded product to offer spot exposure to ZEC.
HTX market data showed ZEC rose above $1,000 on Sept. 4, setting a new all-time high. Since the Zcash ETF began trading, ZEC has gained about 31%.
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