🚨 Zcash just smashed through $800
$ZEC ripped nearly 50% and printed levels not seen in years. The spark? Grayscale just filed another amendment pushing its Zcash Trust toward a full spot ETF on NYSE$ Arca (ticker ZCSH), with trading eyed as early as August 25.
Privacy coins rarely get this kind of institutional push. A potential $110M+ contribution talk from a DCG affiliate is also in the filings, though nothing is locked in yet.
Whether the ETF actually launches on that timeline is still up to the SEC, but the market is already pricing in the possibility hard.
Worth watching how this plays out over the next few days.
$ZEC
#zcash #CryptoTrends2024 #ETFs
$ZEC ripped nearly 50% and printed levels not seen in years. The spark? Grayscale just filed another amendment pushing its Zcash Trust toward a full spot ETF on NYSE$ Arca (ticker ZCSH), with trading eyed as early as August 25.
Privacy coins rarely get this kind of institutional push. A potential $110M+ contribution talk from a DCG affiliate is also in the filings, though nothing is locked in yet.
Whether the ETF actually launches on that timeline is still up to the SEC, but the market is already pricing in the possibility hard.
Worth watching how this plays out over the next few days.
$ZEC
#zcash #CryptoTrends2024 #ETFs