The ZCSH fund, managed by Grayscale, recorded net inflows of $41.1 million for the week ending October 23, 2026. This performance marks the fund's strongest weekly result since mid-September, following a three-week period of net outflows totaling $143 million.
The fund experienced a negative start to the week with $10.4 million in outflows on October 19, but recovered with inflows of $15.2 million on October 21 and $14.2 million on October 22. During the same period, ZEC traded near or above $1,200, reflecting a 7% increase.
As of late October 2026, the fund's assets under management reached approximately $686 million, with a 2.5% fee structure. The vehicle holds between 537,954 and 560,771 ZEC, representing over 3% of the token's circulating supply.
The broader market context saw Bitcoin ETFs record a net inflow of $301.2 million for the week, despite experiencing outflows exceeding $500 million over a two-day span. Meanwhile, Ethereum ETFs ended the same period with net losses of $220.7 million.
Grayscale launched the ZCSH fund on August 25, 2026, on the NYSE Arca as the first US spot Zcash product. Since its inception, the fund has accumulated cumulative net inflows ranging between $177 million and $270 million.
