For now, I don’t want to be short ZEC.
21Shares has just turned Zcash into a physically-backed ETP. Traditional accounts don’t need to touch wallets or private keys anymore—they can directly buy ZEC exposure.
I think this matters more than simply “how much ZEC has risen.”
One of the biggest problems with privacy coins in the past was that it was too troublesome for traditional capital to buy them.
Now the entry point is being opened up little by little.
And this isn’t just a concept mockup—the product is already live. You can verify it directly on the 21Shares website. Under the hood, it’s ZEC physically-backed.
ZEC has indeed already surged quite dramatically, so I won’t urge people to chase it here.
But I also won’t go short just because it has already gone up “too much.”
For this round, I’m still on the long side. Let’s first see whether capital continues to recognize this new entry point.
$ZEC
21Shares has just turned Zcash into a physically-backed ETP. Traditional accounts don’t need to touch wallets or private keys anymore—they can directly buy ZEC exposure.
I think this matters more than simply “how much ZEC has risen.”
One of the biggest problems with privacy coins in the past was that it was too troublesome for traditional capital to buy them.
Now the entry point is being opened up little by little.
And this isn’t just a concept mockup—the product is already live. You can verify it directly on the 21Shares website. Under the hood, it’s ZEC physically-backed.
ZEC has indeed already surged quite dramatically, so I won’t urge people to chase it here.
But I also won’t go short just because it has already gone up “too much.”
For this round, I’m still on the long side. Let’s first see whether capital continues to recognize this new entry point.
$ZEC
