Zcash fund draws $41.1 million in largest weekly inflow since September
Key Facts
The Zcash fund attracted $41.1 million in inflows during the trading week ended Oct. 23, its largest weekly total since September, according to BeInCrypto. The inflows ended 3 consecutive weeks of withdrawals totaling $143.4 million. The reversal came after $10.4 million flowed out on Monday, before the fund recorded inflows on 4 consecutive trading days from Oct. 20 to 23. Inflows totaled $20.5 million on Friday alone. The figures show flows returning to the fund after a period of withdrawals, while its data do not identify why buyers returned.
Bitcoin funds recorded outflows in the final 2 sessions of the week, but still ended the week with net inflows of $301.2 million, according to BeInCrypto. The weekly total paints a different picture from the moves in the final 2 sessions, as the funds remained positive on net thanks to earlier purchases during the week. The figures therefore do not support describing the move as a broad abandonment of Bitcoin funds or a direct transfer of money from them to Zcash. Nor does the simultaneous flow into both funds establish a causal link. Zcash fund data did not specify whether buyers returned because of the coin’s focus on private transactions or for other reasons.
Zcash’s return to inflows coincided with an improvement in the coin’s performance during the week. ZEC rose 6.98% over 7 days through Oct. 25, while both Bitcoin and Ethereum declined over the same period, according to BeInCrypto. The report said ZEC rebounded after falling to $1,118 in the previous week. That places the weekly inflows in the context of a short-term price recovery, without proving that the inflows caused the rise or that performance will continue. The report described Zcash’s focus on private transactions as offering a different investment story, but said fund data do not reveal why buyers returned.
The moves came during a week of pressure on technology stocks and risk assets. The Nasdaq Composite fell 2.6% on Oct. 22, its worst session since June, amid a sell-off in technology stocks, according to the Associated Press. The following day, Bitcoin fell 0.7% to $81,909 at 02:50 Eastern time, according to an Investing.com report citing Reuters. The report pointed to continued risk aversion associated with the technology stock sell-off and rising interest-rate concerns. These moves provide market context for the week, but do not prove that the stock sell-off caused Zcash inflows or movements in Bitcoin funds.
The Federal Open Market Committee’s meeting on Oct. 27 and 28, 2026, is among the upcoming developments, according to the Federal Reserve’s official schedule. BeInCrypto said the meeting could help test whether Zcash’s recovery will continue. The date puts the next monetary policy decision among the events the market is watching after a week in which flows returned to the fund and ZEC rose. The report did not specify the meeting’s outcome or its potential effect on prices. Weekly net flows and the coin’s price movement remain separate indicators from the forthcoming decision.