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ZCSH Drives $9.8797 Million Net Outflow From U.S. Zcash Funds

The funds had $182 million in cumulative net inflows and $526 million in net assets, separate measures from the Nov. 12 daily outflow.

Updated 1 min read
Pedestrians pass a financial exchange facade on Wall Street in Lower Manhattan, New York. / EconoTimes.ai
Pedestrians pass a financial exchange facade on Wall Street in Lower Manhattan, New York. / EconoTimes.ai

The Zcash ETF (ZCSH) was responsible for all $9.8797 million in net withdrawals from U.S. spot funds tied to Zcash (ZEC) on Nov. 12, SoSoValue data showed.

Cumulative net inflows stood at $182 million, and net assets totaled $526 million. The Nov. 12 outflow is a daily flow figure, separate from the cumulative inflow total.

SoSoValue data put ZCSH’s Nov. 9 net outflow at $2.1708 million. The prior session brought a larger withdrawal: $14.61 million on Nov. 11, the biggest among 13 spot altcoin ETF markets tracked by SoSoValue, according to EconoTimes’ coverage of that session. A net outflow means withdrawals exceeded new investments during a session.

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