Grayscale Zcash ETF draws ~$179M in under two weeks, fastest-growing altcoin ETP
The Grayscale Zcash ETF has recorded roughly $179 million in inflows since launching less than two weeks ago, making it the fastest-growing altcoin ETP by increase in total net assets. Grayscale Research separately argues Zcash mining is more profitable than Bitcoin mining, with rewards about 2x higher per rig and 4x higher per MWh.
Detected & updated continuously · Source: Nebula
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@BSCNews
The Grayscale (@Grayscale) @Zcash ETF is the fastest growing altcoin ETP by increase in total net assets. The product has recorded approximately $179M in inflows since launching less than two weeks ago. It also ranks top 1% across nearly 4,000 ETPs across crypto, commodities, https://t.co/AcuXf6wn26
@Grayscale
Bitcoin $BTC miner rewards: ~$35 million per day Zcash $ZEC miner rewards: ~$2 million per day However, Grayscale Research believes Zcash mining is more profitable, with rewards ~2x higher per mining rig and ~4x higher per megawatt hour (MWh). Greater profitability has driven https://t.co/Ck7tGq8x2U