Grayscale's Zcash (ZEC) ETF Logs Fifth Straight Inflow Day With $1.96 Million

Five Days of Inflows for ZCSH

Five straight sessions of net inflows now sit behind Grayscale's Zcash ETF (ZCSH), a run that made the privacy asset one of only two altcoin ETF categories to add money on Monday. The fund took in $1.96 million in net creations in the session, its fifth consecutive day on the right side of the ledger. The only other category in flow was NEAR: Bitwise's NRR fund added $1.4 million for a fourth straight day, lifting its cumulative net inflows to $89.67 million. Daily creation and redemption disclosures put the streak's shape in context. Cumulative net inflows into ZCSH have reached $200.74 million, and the fund's net assets stand at $701.11 million, equal to 3.43% of Zcash's market capitalization, a share few single-asset altcoin funds approach. The product also turned over $20.87 million in Monday trading volume. Net creations matter here because each dollar of inflow buys ZEC in the open market, so five positive prints represent sustained, if modest, accumulation pressure rather than a one-off allocation. The comparison set sharpens the point: XRP, Solana and HYPE funds all posted net outflows in the same session, while categories tied to Dogecoin, Chainlink, Avalanche, HBAR, Litecoin, Polkadot, BNB and Tron recorded no creation or redemption activity at all, several of them across multi-session stretches. In a field where most products sat idle, two categories carrying fresh capital stand out, and ZCSH's run is the longer of the two streaks. Zcash, a privacy-focused fork of Bitcoin, has spent the quarter drawing both institutional vehicles and price strength. The Zcash (ZEC) price sits near $1,226, up 3.6% over the past 24 hours and slightly above its level when the session's flow data was compiled.

Our read of Zcash support and resistance levels puts the strongest floor at $1,197, where the 20-day and 50-day EMAs, the S1 pivot and the 0.382 Fibonacci retracement converge for a composite score of 100 out of 100; the nearest ceiling at $1,390 scores 87. Between them the chart is sideways: RSI reads 49.2 and MACD holds a bullish signal. Positioning looks equally contained. The funding rate on ZEC perpetuals sits at 0.0046% and the futures open interest stands at $774.6 million, after longs absorbed $14 million in liquidations in an earlier squeeze, per our previous coverage. A push through $1,390 would be the first technical confirmation that the inflow streak is reaching price; losing $1,197 would stall it.

Outflows Hit XRP, Solana and HYPE Funds

Monday's ledger looked very different across the rest of the field. XRP funds shed $3.61 million in net terms, with the entire redemption booked against Bitwise's XRP product while the other four funds did nothing; the category still holds $1.81 billion in cumulative net inflows against $1.47 billion in net assets, or 1.80% of XRP's market capitalization. Solana funds lost $8.23 million after a flat session the day before: Grayscale's GSOL gave back $1.83 million and Bitwise's BSOL $7.22 million, while Morgan Stanley's MSOL was the lone gainer at $817,711. HYPE funds surrendered $4.30 million across all three products, with 21Shares' THYP down $913,416, Grayscale's HYPG down $277,485 and Bitwise's BHYP down $3.11 million. The flat camp stretched its idle streaks further. Chainlink funds have now gone six sessions without a flow, Avalanche eleven, and the Canary Tron product twenty-nine, the longest quiet run on the board; Dogecoin, Litecoin, Polkadot, BNB and HBAR were also unchanged. Against that stillness, ZCSH's streak is the story the numbers can actually support: a fifth straight day inside a field where eight categories moved nothing. Two threads feed the Zcash bid. The same Grayscale fund took $41.1 million in its strongest inflow week since mid-September, and Grayscale Research calls ZEC mispriced at 0.6% of the $1.4 trillion currency sector, an argument that frames the fund's accumulation as conviction rather than inertia. The boundary of Monday's record is worth stating plainly: the streak is five days within an altcoin ETF pool whose baseline was inaction, and the daily print, at $1.96 million, remains in the single-digit millions even as the fund's $701 million base keeps growing.