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Zcash extends post-NU7 gains as ETF outflows temper momentum

Zcash traded above $1,300 following the NU7 upgrade, while recent withdrawals from a ZEC-focused ETF weighed on the broader risk picture.

Zcash traded above $1,300 following the NU7 upgrade, while recent withdrawals from a ZEC-focused ETF weighed on the broader risk picture. Zcash (ZEC) is trading at $1,367.54, up 5.0% since this brief published. This is an original TLT brief based on reporting by CoinJournal, with live market data added, as of Fri, 06 Nov 2026 14:45:02 UTC.

Why it matters

The upgrade coincided with continued ZEC outperformance, but substantial ETF outflows show that institutional fund demand moved against the token’s short-term price strength.

Key takeaways
  • Zcash traded at $1,301.80, gaining 5.73% over seven days.
  • The ZCSH ETF recorded $10.99 million in Thursday net outflows.
  • Weekly ETF withdrawals reached $14.77 million as ZEC tested $1,340 resistance.
The story so far · 3 briefs
  1. Zcash ETF Sees $41M Inflows Amid Bitcoin ETF Outflows
  2. Zcash approaches $1,332.85 as price trend outpaces momentum
  3. Zcash extends post-NU7 gains as ETF outflows temper momentum — this brief

Zcash was trading around $1,300 on Friday after the NU7 upgrade, extending its recent momentum. Live data placed ZEC at $1,301.80, up 0.15% over 24 hours and 5.73% over seven days. Its market capitalization stood at $22.17 billion, making the token one of the larger crypto assets in the current market.

CoinJournal reported that Grayscale’s ZEC-focused ETF, ZCSH, saw $10.99 million in net outflows on Thursday. Those withdrawals brought total net outflows for the week to $14.77 million, providing a counterweight to the positive price performance recorded following NU7. The available coverage did not provide details about what changed within the upgrade itself.

Technical levels cited by CoinJournal placed immediate resistance at $1,340, with a confirmed move above that threshold potentially opening a path toward $1,698. The outlet also identified $1,216 and $1,112 as key support levels. These figures represent the source’s technical assessment rather than independently verified fundamentals.

The wider crypto market was broadly lower, with total capitalization at $2.62 trillion and Bitcoin down 4.70% over 24 hours. The Fear & Greed index stood at 28, in Fear, while ZEC remained slightly positive over 24 hours and stronger over seven days. The immediate focus is whether ZEC can hold above $1,300 and overcome the reported $1,340 resistance while ETF outflows continue.

Market reaction since this brief Live

Since this brief published about 3 hours ago, Zcash (ZEC) has moved from $1,301.80 to $1,367.54 — +5.05%, a notable move.

$1,293$1,314$1,335$1,356$1,377 published · $1,302 now · $1,368 (+5.05%) Nov 6 12:04 UTC Nov 6 14:45 UTC
BeforeSince publishPublished · $1,301.80

The chart plots ZEC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 ZEC ≈ ₦1.89M (about $1,367.54), up 6.0% over 24 hours. The naira itself trades about 2.4% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#10
$1,367.54 ▲ 5.98%
+5.05% since this brief published
7d +5.24%MCap $23.28BFull ZEC data →
The market when this published · November 6, 2026
Total market cap$2.62T
Bitcoin 24h-4.70%
Ethereum 24h-6.62%
BTC dominance58.3%
Fear & Greed28 · Fear

Zcash extends post-NU7 gains as ETF outflows temper momentum — questions & answers

What is Zcash trading at after NU7?

Zcash was priced at $1,301.80, up 0.15% over 24 hours and 5.73% over seven days following the upgrade.

How much left the ZCSH ETF?

CoinJournal reported $10.99 million in net outflows on Thursday, taking weekly withdrawals to $14.77 million.

What price levels are traders watching?

CoinJournal identified $1,340 as immediate resistance, with $1,216 and $1,112 as key support levels.

How much is 1 Zcash worth in naira today?

About ₦1.89M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1,367.54. The naira price moves with both ZEC's US-dollar price and the USDT/NGN rate; use our Zcash in naira page for any amount.

Has Zcash's price moved since this brief was published?

ZEC is up 5.05% since this brief first published — trading at $1,367.54 now versus $1,301.80 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from CoinJournal. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyGrayscale Company
TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 6, 2026 ⛓ Timestamped at Bitcoin block #974,809 sha256:2df6389b1b742332
Based on reporting by CoinJournal — this is an original TLT summary with live market data, not the original article.CoinJournal · Nov 6 12:04 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.