Zcash (ZEC) is trading above $1,500 on Monday after more than 40% gains last week, driven by institutional inflows and broader crypto market recovery. Grayscale’s ZEC-focused Exchange-Traded Fund (ETF) recorded $98.21 million in inflows last week, while developers focus on the NU7 upgrade to boost its private payment speed. The technical outlook for Zcash warns of capitulation as momentum stretches thin. 

Zcash rally triggers Grayscale ETF stock split

Grayscale’s Zcash ETF (ZCSH) recorded $98.21 million in inflows last week, marking its fourth consecutive week of inflows. The ETF now has $914.53 million in ZEC under management, with nearly $250 million in monthly inflows so far. Zcash’s 200% rally over two months makes it the…