Just now I was staring at the order book and found that $ZEC ’s price action today is very interesting. I have to mention it 👀
Grayscale has officially listed its first Zcash ETF (ticker ZCSH) on the New York Stock Exchange Arca today. Assets under management started at $314 million right away. After the news broke, ZEC surged to 67 at one point this Monday, setting a new all-time high in exactly 8 years, with a gain of over 65%🔥
But it has already pulled back quite a bit now. The current contract price is 90, down 7.3% in the past 24 hours—this “good news being cashed in + taking profits at high levels” kind of rhythm is actually very common.
A few data points worth watching:
📌 Funding rate +0.01%: longs are still paying, which suggests bullish sentiment hasn’t completely died out
📌 Open interest remains 520,000 ZEC—there are no signs of large-scale liquidation
📌 24h trading volume is $1.6 billion, and liquidity is quite solid
The privacy-coin track has always been a niche but controversial direction. This time, it directly opens an ETF channel, greatly lowering the threshold for institutional participation. Of course, regulatory risk for privacy chains still hangs over everything, and can’t be ignored.
Are you following ZEC or the privacy sector? Let’s discuss your thoughts in the comments 👇
Click the small card below to quickly check the行情👇
#ZEC #Zcash #隐私币 #加密货币 #ETF上市
Grayscale has officially listed its first Zcash ETF (ticker ZCSH) on the New York Stock Exchange Arca today. Assets under management started at $314 million right away. After the news broke, ZEC surged to 67 at one point this Monday, setting a new all-time high in exactly 8 years, with a gain of over 65%🔥
But it has already pulled back quite a bit now. The current contract price is 90, down 7.3% in the past 24 hours—this “good news being cashed in + taking profits at high levels” kind of rhythm is actually very common.
A few data points worth watching:
📌 Funding rate +0.01%: longs are still paying, which suggests bullish sentiment hasn’t completely died out
📌 Open interest remains 520,000 ZEC—there are no signs of large-scale liquidation
📌 24h trading volume is $1.6 billion, and liquidity is quite solid
The privacy-coin track has always been a niche but controversial direction. This time, it directly opens an ETF channel, greatly lowering the threshold for institutional participation. Of course, regulatory risk for privacy chains still hangs over everything, and can’t be ignored.
Are you following ZEC or the privacy sector? Let’s discuss your thoughts in the comments 👇
Click the small card below to quickly check the行情👇
#ZEC #Zcash #隐私币 #加密货币 #ETF上市
