Bitcoin Recovers to Nearly $78,900 as Grayscale’s Zcash ETF Tops $500 Million

Bitcoin recovered to nearly $78,900 after briefly falling below $78,000, with the asset touching $77,666 during the move. According to NS3.AI, Grayscale said its Zcash ETF has surpassed $500 million in assets two weeks after listing on NYSE Arca. The fund has also recorded more than $70 million in cumulative inflows since its Aug. 25 debut.