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Zcash ETF sees $93.56M outflows as ZEC price drops 21% after September rally

Market News
04 Oct 2026
Crypto news
View Source
Bearish
Zcash ETF sees $93.56M outflows as ZEC price drops 21% after September rally

The Zcash U.S.-listed spot ETF (ZCSH) experienced $93.56 million in net outflows for the week ending Oct. 2, marking its first negative week since late August. This outflow coincided with ZEC's price falling about 21% from a late-September peak above $1,650 to around $1,300 by early October. The ETF had previously seen strong inflows following its August launch and a price rally in September. Grayscale completed a three-for-one share split on Sept. 30, and Digital Currency Group invested roughly $100 million earlier in September. The price decline and ETF withdrawals reflect a combination of profit-taking, reduced leverage, and changing demand, rather than solely ETF redemptions. Meanwhile, Zcash is preparing for a network upgrade expected in November, which may impact future token dynamics.

Following the recent Zcash ETF outflows and price drop, ZEC on Pluang trades at Rp23,772,731 as of Oct 04, 2026 14:31 WIB, showing a 1.30% gain in the last day. The token's market cap stands at Rp7.04 trillion with a 24-hour trading volume of Rp787.62 million. Despite the ETF's net outflows, Pluang order activity currently shows 100% sell orders, and the typical hold time for ZEC investors on Pluang is 107 days.

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