đš $ZEC â MAJOR ETF MILESTONE!
Grayscaleâs Zcash ETF ($ZCSH) has officially started trading on NYSE Arca, giving investors direct exchange-traded exposure to $ZEC .
đ Key Highlights: âą Launched August 25
âą Sponsor fee: 2.5% annually
âą Reported NAV: $155.2M
âą Discount to NAV narrowed from 17% â ~1%
âą $ZEC has been trading near an 8-year high
đ With a capped supply of 21M ZEC and renewed interest in privacy-focused assets, this could be an important catalyst for the $ZEC narrative.
â ïž ETF launches can increase attention and liquidity, but they don't guarantee continued price appreciation. Watch price action and manage risk.
#ZEC #ZCSH #CryptoETF #CryptoTrading
Grayscaleâs Zcash ETF ($ZCSH) has officially started trading on NYSE Arca, giving investors direct exchange-traded exposure to $ZEC .
đ Key Highlights: âą Launched August 25
âą Sponsor fee: 2.5% annually
âą Reported NAV: $155.2M
âą Discount to NAV narrowed from 17% â ~1%
âą $ZEC has been trading near an 8-year high
đ With a capped supply of 21M ZEC and renewed interest in privacy-focused assets, this could be an important catalyst for the $ZEC narrative.
â ïž ETF launches can increase attention and liquidity, but they don't guarantee continued price appreciation. Watch price action and manage risk.
#ZEC #ZCSH #CryptoETF #CryptoTrading