🚀 Grayscale’s Zcash ETF tops $1,000M in assets one month after launch 📈🔒
The Zcash exchange-traded fund launched by Grayscale (ZCSH) is seeing accelerated growth on Wall Street, putting the privacy asset at the center of institutional attention amid record highs in the derivatives market 📊
Key points from the institutional report:
💰 Massive AUM increase: The Zcash ETF reached $914.53 million in net assets, coming in just $85M short of the $1,000M milestone after its debut on August 25.
📊 Market metrics: ZEC trades around $1,540 USD, driven by trading volume of more than $10,000M and open interest in derivatives of $3,500M.
✂️ Stock split: Grayscale confirmed a 3-for-1 split for the ZCSH ticker, aiming to reduce the per-share price starting September 30.
Do you think that the arrival of privacy ETFs like ZCSH will mark a new era of institutional accumulation for ZK tokens?
💬👇 I look forward to your comments!
#Grayscale #ZCSH #PrivacyCoins #CryptoETFs #CryptoCommunity
$ZEC
$ETH
$BTC
The Zcash exchange-traded fund launched by Grayscale (ZCSH) is seeing accelerated growth on Wall Street, putting the privacy asset at the center of institutional attention amid record highs in the derivatives market 📊
Key points from the institutional report:
💰 Massive AUM increase: The Zcash ETF reached $914.53 million in net assets, coming in just $85M short of the $1,000M milestone after its debut on August 25.
📊 Market metrics: ZEC trades around $1,540 USD, driven by trading volume of more than $10,000M and open interest in derivatives of $3,500M.
✂️ Stock split: Grayscale confirmed a 3-for-1 split for the ZCSH ticker, aiming to reduce the per-share price starting September 30.
Do you think that the arrival of privacy ETFs like ZCSH will mark a new era of institutional accumulation for ZK tokens?
💬👇 I look forward to your comments!
#Grayscale #ZCSH #PrivacyCoins #CryptoETFs #CryptoCommunity
$ZEC
$ETH
$BTC
