Significant Inflows into Grayscale Zcash and Spot Ethereum ETFs
On September 18, the Grayscale Zcash ETF recorded net inflows of $270 million, marking its 16th consecutive trading day of inflows. The U.S. spot Ethereum ETF ended a three-day outflow streak with net inflows of $143.7 million, led by BlackRock's ETHA with $114 million.

Grayscale Zcash ETF recorded $270 million in net inflows on September 18.
This marked the 16th consecutive trading day of inflows for the Zcash ETF.
The U.S. spot Ethereum ETF saw net inflows of $143.7 million.
BlackRock's ETHA led Ethereum ETF inflows with $114 million.
Story
The crypto market continues to experience growing institutional interest, reflected in significant inflows into various Exchange Traded Funds (ETFs). On September 18, the Grayscale Zcash ETF recorded impressive net inflows of $270 million. This marked the 16th consecutive trading day of positive inflows for the Zcash ETF, indicating consistent demand for privacy-focused assets within an institutional investment product. Concurrently, the U.S. spot Ethereum ETF saw net inflows of $143.7 million, ending a three-day streak of net outflows. BlackRock's ETHA led Ethereum ETF inflows with $114 million. These developments demonstrate that institutional investors are expanding their exposure beyond Bitcoin to a broader range of digital assets and are increasingly comfortable with these investment products. The renewed inflows into Ethereum ETFs are a positive sign for altcoin participation and diversification within the crypto market.
Issue context
The crypto market demonstrates resilience as Bitcoin has surpassed the $80,000 mark. This occurs despite the U.S. Senate's failure to advance the CLARITY Act. Meanwhile, the Commodity Futures Trading Commission (CFTC) is pushing ahead with its own regulatory efforts, having submitted a crypto market structure rulemaking draft to the White House for review on September 17, 2026. These developments suggest the market is absorbing regulatory uncertainties and adapting to existing or new frameworks. In parallel, crypto ETFs, particularly for Zcash and Ethereum, are recording significant capital inflows, indicating growing institutional interest. The momentum in Ethereum derivatives and the technical patterns observed in XRP also signal heightened activity and potential price movements.
Current market movements indicate that capital continues to flow into the crypto space despite regulatory uncertainties. Pay attention to the confirmation of technical patterns and the impact of protocol upgrades, as these can lead to increased volatility. Your risk tolerance should form the basis of any decision.
Market pulse
ETH
$2.6K
+5.8% 24h / +4.6% 7d
Fear & Greed
71
Greed
BTC Funding
+0.0066%
20 perp markets · OI $59.2B
BTC Open Interest
$59.2B
Top venue Binance (Futures) · 24h vol $102.5B · basis +0.023%
More from this issue
This story is part of the Biturai Market Brief and is for informational purposes only. No investment advice.