Zcash Surges as Ethereum and Bitcoin Experience Volatile Week

The crypto market saw significant inflows and outflows last week, but Zcash ETFs drew the most money at $98.2 million.

Ethereum (ETH) funds posted an outflow of $140 million, making it the only asset to experience a decrease in investment.

The weekly totals mask a volatile round trip for both Ethereum and Bitcoin (BTC) products, which sold off hard midweek before recovering in time.

Zcash ETFs have now logged four consecutive positive weeks since launching in late August, taking in $271 million in total. Assets jumped 40.5% last week to $914.5 million, making Zcash the third-largest altcoin ETF product behind XRP and Solana.