Grayscale's Zcash ETF Hits $1B AUM, But Fresh Inflows Tell a Different Story

Grayscale's Zcash ETF has reached a notable milestone, surpassing $1 billion in assets under management (AUM). However, a closer look at recent inflows reveals a different story.

The fund, which tracks the price of ZEC and holds it in trust for investors, is one of Grayscale's flagship offerings. Despite its success, however, data shows that new investments into the ETF have been slowing down in recent weeks.

This trend suggests that while the fund has reached an impressive milestone, investor enthusiasm may be waning. The AUM of $1 billion is a significant achievement for Zcash and Grayscale, but it's worth noting that other Grayscale funds are also growing rapidly.