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Zcash spot ETF loses $93.56M in a week amid heavy redemptions after strong launch

Market News
03 Oct 2026
Crypto Briefing
View Source
Bearish
Zcash spot ETF loses $93.56M in a week amid heavy redemptions after strong launch

Grayscale's Zcash spot ETF, the first US-listed fund offering direct ZEC exposure, saw $93.56 million in outflows in one week after a strong launch with $271 million net inflows by mid-September. The fund's assets under management fell from around $915-979 million in September to about $751 million in early October, pressured by large daily redemptions and ZEC price volatility. A 3-for-1 share split was implemented to improve liquidity, but redemptions remain high. The fund still holds a significant portion of ZEC supply and remains net positive, with investors watching if redemptions ease, ZEC price stabilizes, and liquidity improves.

Grayscale's Zcash ETF outflows provide context for cryptocurrency market activity on Pluang. For readers following crypto assets, here is Pluang's market snapshot as of Oct 03, 2026 14:21 WIB: Of 50 major cryptocurrencies priced, 16 rose and 33 fell today. Enjin Coin (ENJ) gained 12.33% to Rp627 with a typical hold time of 104 days but saw 100% sell order activity. Balancer (BAL) rose 11.14% to Rp16.297 with an 85-day hold time, while EOS (EOS.IO) increased 8.13% to Rp12.649 with an 87-day hold time.

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