I didn't expect an ETF issuer to buy national ads for a coin that just fell 11% in a day.

Grayscale plans to direct $1M of ZCSH sponsor fees into the Zcash ecosystem. It has already sent $100K each to the Zcash Foundation, Shielded Labs, Project Tachyon, and a policy group. The ads start with a Wall Street Journal wrap.

ZEC briefly broke below $1,000. It's down 19% in 30 days and still up 75% on the year.

Is that conviction in privacy, or marketing into a drawdown?



#ZEC #Crypto

NFA. I trade my own book. DYOR.