Zcash Price Surpasses $1,300 Despite Heavy Grayscale ETF Outflows

Key Facts

1Zcash price traded above $1,320 on Monday, extending a three-day recovery rally.

2Grayscale's ZCSH recorded $30.72 million in net outflows last week, down from $93.56 million the previous week.

3Combined withdrawals over two weeks reached $124.28 million, indicating weak demand through the fund.

Zcash price traded above $1,320 on Monday, October 12, 2026, extending a recovery rally that has lasted for three consecutive days. Invezz reported that the price gains occurred despite Grayscale's Zcash fund recording total net outflows of $124.28 million over the past two weeks, highlighting a divergence between price action and institutional fund demand.

Grayscale's ZCSH recorded $30.72 million in net outflows last week, a significant decrease from the $93.56 million withdrawn the previous week. This slowing pace of redemptions suggests a reduction in selling pressure, allowing the digital asset to maintain upward momentum even as institutional demand through the primary fund vehicle remains weak.