ZCSH ETF Posts Third Straight Week of Outflows, But Redemption Pace Eases

The Grayscale Zcash Mini Trust (ZCSH) recorded net outflows of $19.15M for the week ending October 16, 2026, continuing a three-week trend of redemptions. However, the pace of outflows has moderated substantially: this week's withdrawals represent a 37.7% decrease from the previous week's $30.72M outflow.

The fund experienced four outflow days and one inflow day during the week. The largest single-day outflow occurred on October 15 at $14.76M, while the largest inflow came on October 14 at $3.68M.

Net assets in the fund stood at $625.34M, down 7.3% from the previous week. The fund's market price was $30.53. Over the trailing six weeks, ZCSH saw three weeks of outflows followed by three consecutive weeks of inflows through mid-September, before the recent reversal.

The outflow trend, though continuing, is showing signs of deceleration. Weekly redemptions have fallen by nearly 80% compared with two weeks ago, when the fund posted $93.56M in outflows. Cumulative net inflows since inception remain positive at $162.70M, indicating that despite recent redemption pressure, the fund continues to hold net positive flows over its lifetime.