ZEC just hit a new 8-year high, breaking above $850—up more than 60% in a week...
It’s not a random move. Grayscale officially submitted an application last week to convert the ZEC Trust into a U.S. spot ETF. It’s expected to be listed around August 25.
This path should feel familiar: once the Bitcoin ETF got approved, BTC surged; after the Ethereum ETF was approved, ETH rallied. Now it’s ZEC’s turn, and the market is front-running the same storyline.
The data backs it up too: 24h trading volume spiked, and the funding rate is positive—indicating bullish sentiment is in control. It even topped out at $888.
That said, take note—this level is already the highest since 2018. Whether the ETF gets approved is still a variable, and short-term volatility could be high. Don’t chase without thinking it through.
Click the small card below to quickly check the market👇
$ZEC #ZCash #GrayscaleETF #现货ETF #Cryptocurrency
It’s not a random move. Grayscale officially submitted an application last week to convert the ZEC Trust into a U.S. spot ETF. It’s expected to be listed around August 25.
This path should feel familiar: once the Bitcoin ETF got approved, BTC surged; after the Ethereum ETF was approved, ETH rallied. Now it’s ZEC’s turn, and the market is front-running the same storyline.
The data backs it up too: 24h trading volume spiked, and the funding rate is positive—indicating bullish sentiment is in control. It even topped out at $888.
That said, take note—this level is already the highest since 2018. Whether the ETF gets approved is still a variable, and short-term volatility could be high. Don’t chase without thinking it through.
Click the small card below to quickly check the market👇
$ZEC #ZCash #GrayscaleETF #现货ETF #Cryptocurrency