Zcash Spot Funds Attract $98.2 Million in Investment

Zcash exchange-traded funds attracted $98.2 million in investment in the week ending September 18, marking the highest weekly inflow among 14 cryptocurrency products. In contrast, Ethereum funds experienced an outflow of $140 million, making them the only products to see capital exit during this period. Zcash leads the fundraising list, with the $98.2 million inflow representing the highest weekly figure. Meanwhile, Bitcoin and Ethereum-based products failed to secure the top spot for capital inflows. No precise information has been released regarding the net flow of Bitcoin funds this week. Despite Zcash's dominance, capital flow fluctuated throughout the week, with overall data indicating significant volatility. Ethereum and Bitcoin funds faced heavy selling in the middle of the week, but only the net outflow of $140 million from Ethereum funds has been confirmed.

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