Grayscale’s $ZEC fund size has surpassed $500 million. ZEC has also risen by about 9.9%, bringing the privacy coin sector back into investors’ line of sight. For Zcash, this change indicates at least two things: first, institutional-side products still have allocation demand amid market volatility; second, the combination of privacy features and compliant investment channels is being re-priced. However, the increase in a single fund’s size reflects more of market sentiment and cannot directly be equated with a sudden jump in network adoption rates. Next, we should watch whether ZEC can sustain volume growth, whether the number of privacy address users keeps rising, and whether the whole sector shows any rotation. When chasing momentum, you still need to control your position size—pullbacks in news-driven markets often happen quickly. #Zcash #Grayscale #privacy coins