Zcash Price Forecast: $30 million ETF outflows weigh on mild ZEC recovery

Zcash (ZEC) trades around $1,278 at press time on Monday, holding the previous day's 4% gains and showing a steady recovery over the last three days. Institutional demand for Zcash remains low, with Grayscale’s ZEC-focused Exchange Traded Fund (ETF) recording $30 million in outflows last week.