Grayscale launches the first Zcash ETF.
What caught my attention isn’t just the ETF itself.
It’s the timing.
$ZEC has already seen a massive rally, while Zcash has also gone through a major security upgrade following the discovery of a critical vulnerability in its privacy system.
Now, investors who don’t want to directly hold $ZEC can get exposure through an ETF trading as ZCSH on NYSE Arca.
The interesting part for me is the transition from a crypto trust to a traditional brokerage product.
Before the conversion, the Grayscale Zcash Trust had over $313M in AUM.
So I’m wondering:
Does an ETF make privacy-focused assets like ZEC more accessible, or does it change the way people think about actually owning a privacy asset?
#zcash #zec #crypto
What caught my attention isn’t just the ETF itself.
It’s the timing.
$ZEC has already seen a massive rally, while Zcash has also gone through a major security upgrade following the discovery of a critical vulnerability in its privacy system.
Now, investors who don’t want to directly hold $ZEC can get exposure through an ETF trading as ZCSH on NYSE Arca.
The interesting part for me is the transition from a crypto trust to a traditional brokerage product.
Before the conversion, the Grayscale Zcash Trust had over $313M in AUM.
So I’m wondering:
Does an ETF make privacy-focused assets like ZEC more accessible, or does it change the way people think about actually owning a privacy asset?
#zcash #zec #crypto
