ZEC quietly surged to an 8-year high today, briefly touching $888
The reason is pretty straightforward—Grayscale has just filed an application to convert the Zcash trust it holds into a spot ETF, and it’s expected that trading could begin as early as tomorrow (Aug 25)
This path has been taken by both BTC and ETH before. And once the ETF was approved, you already know what the market looked like
At around $833, within the past 24 hours it has rallied all the way from $766. Trading volume is more than 60% higher than last week—clearly suggesting funds are positioning ahead of time
ZEC itself is a long-established privacy chain that uses zk-SNARKs technology. It’s always been low-key. This move is a combination of regulatory narrative + ETF catalyst
No predictions here—just saying this timing is worth keeping an eye on
Tap the card below to quickly check the market👇
$ZEC $ZECUSDT #ZEC #隐私币 #ETF #Zcash #加密货币
The reason is pretty straightforward—Grayscale has just filed an application to convert the Zcash trust it holds into a spot ETF, and it’s expected that trading could begin as early as tomorrow (Aug 25)
This path has been taken by both BTC and ETH before. And once the ETF was approved, you already know what the market looked like
At around $833, within the past 24 hours it has rallied all the way from $766. Trading volume is more than 60% higher than last week—clearly suggesting funds are positioning ahead of time
ZEC itself is a long-established privacy chain that uses zk-SNARKs technology. It’s always been low-key. This move is a combination of regulatory narrative + ETF catalyst
No predictions here—just saying this timing is worth keeping an eye on
Tap the card below to quickly check the market👇
$ZEC $ZECUSDT #ZEC #隐私币 #ETF #Zcash #加密货币
