Zcash Falls 12% as U.S. Inflation Rises and ETF Flow Readings Diverge

Zcash (ZEC) fell 12.05% over 24 hours to $1,113.63 at 12:42 a.m. ET (04:42 UTC) Oct. 15, as U.S. inflation rose and measures of activity for The Zcash ETF (ZCSH) diverged. At that price, ZEC was about 11.4% above $1,000. Its 24-hour range was $1,096.46 to $1,265.24.

The Consumer Price Index (CPI) rose 3.7% over the 12 months through September, up from 3.4% through August. Prices also increased 0.6% from August. The September figures were released at 8:30 a.m. ET (12:30 UTC) Oct. 14.

For the Oct. 14 U.S. trading day, a daily-flow estimate put the ETF’s net inflow at $3.7 million. A separate share-count measure showed no change in shares outstanding and $0.00 million in net collection.

The Zcash ETF, a Grayscale fund that holds ZEC, began trading on NYSE Arca on Aug. 25, 2026. Zcash supports shielded transactions that keep financial details private and transparent transactions that make them publicly visible. ZEC had also declined alongside NEAR Protocol in an earlier market update.