Grayscale is taking a new step closer to a Zcash ETF
Grayscale submitted its fifth amendment to the SEC regarding a Zcash fund, renaming the fund to The Zcash ETF and setting an annual fee of 2.5%.
๐ This move reflects further progress toward launching an ETF tied to $ZEC , and could pave the way for wider access by traditional investors to Zcash.
Final regulatory approval is still the deciding factor.
$ZEC #GrayscaleFilesFifthZECETFAmendment
Grayscale submitted its fifth amendment to the SEC regarding a Zcash fund, renaming the fund to The Zcash ETF and setting an annual fee of 2.5%.
๐ This move reflects further progress toward launching an ETF tied to $ZEC , and could pave the way for wider access by traditional investors to Zcash.
Final regulatory approval is still the deciding factor.
$ZEC #GrayscaleFilesFifthZECETFAmendment