$ZEC Zcash community NU7 governance voting results officially released. About 2.4 million ZEC were involved in the vote, with a turnout rate of 66%. Among them, 99.9% of the voting power supported reducing the block production time from 75 seconds to 25 seconds; 98.9% supported keeping a Bitcoin-style halving mechanism. The market is interpreting this as a double positive: “faster blocks + maintaining halving.” At the same time, Matt Huang, co-founder of Paradigm, publicly disclosed that the company has invested in ZEC and holds the tokens, positioning Zcash as a “privacy add-on to Bitcoin.”
Since its listing on the NYSE Arca on August 25, the Grayscale Zcash spot ETF (ZCSH) has seen assets under management exceed $500 million. It holds more than 550,000 ZEC, accounting for about 3% of the circulating supply. All first-year management fees will be used to enhance awareness of the Zcash ecosystem and support developers. Institutional capital continues to accumulate ZEC through compliant channels, providing spot-side buy support to the market.
Since its listing on the NYSE Arca on August 25, the Grayscale Zcash spot ETF (ZCSH) has seen assets under management exceed $500 million. It holds more than 550,000 ZEC, accounting for about 3% of the circulating supply. All first-year management fees will be used to enhance awareness of the Zcash ecosystem and support developers. Institutional capital continues to accumulate ZEC through compliant channels, providing spot-side buy support to the market.