CryptoMedium•4 October 2026•
1 min read
Zcash Price Drops 23% as Grayscale ETF Sees $93 Million in Outflows
Key Facts
1ZEC price tumbled roughly 23% from its Sept. 27 peak of $1,697.
2Grayscale's Zcash ETF saw around $93 million in outflows during its first negative week.
The price of Zcash (ZEC) tumbled approximately 23% from its September 27, 2026 peak of $1,697. News.bitcoin.com reported that the decline coincided with Grayscale's Zcash ETF experiencing its first negative week, with outflows totaling around $93 million.
The sharp reversal in investor sentiment followed a strong rally throughout September. According to reported figures, approximately $26.93 million exited the ETF on Friday alone, contributing to the downward pressure as ZEC broke below the $1,400 level.