ETF Investors Pouring Millions Back Into Zcash as Bitcoin Falls

Grayscale’s Zcash ETF attracted $41.1 million in inflows last week, its strongest weekly total since mid-September, while bitcoin ETFs lost more than $500 million over two days. The Zcash fund had shed $143 million over the prior three weeks and recovered nearly 29% of those withdrawals; after a $10.4 million outflow on Monday, it posted four consecutive inflow days, including $20.5 million on Friday. Bitcoin funds still ended the week up $301.2 million, while Ethereum ETFs lost $220.7 million. Zcash, a privacy-focused cryptocurrency, rebounded from $1,118, with $1,200 cited as an immediate test and analysts divided over a close above $1,223. The Federal Reserve’s October 27–28 meeting and upcoming ETF flow reports could help determine whether the recovery continues.