Zcash Price Prediction: Bullish Case Targets $1,500 as ETF AUM Hits $500 Million

Zcash has been on a tear in recent weeks, surging from around $800 to over $1,250 in just under two weeks. However, some analysts are cautioning that this parabolic move may be cooling off.

The Zcash price prediction for September 11 remains bullish above $963.29, but the pullback is testing whether there's room left in the rally or if it needs to slow down first.

The ETF AUM (assets under management) has surpassed $500 million, with over $70 million coming from independent inflows since its launch on August 25. Grayscale also launched ZCSH options trading on NYSE Arca, giving investors more ways to hedge or take positions on $ZEC.

F2Pool co-founder Chun Wang is skeptical of the rally, calling it a 'narrative bid' built on a listing and short squeeze rather than real usage. He argues that Zcash's valuation has outpaced its actual network activity compared to revenue-generating chains like Solana and Hyperliquid.