đ„ GRAYSCALEâS ZCASH ETF JUST HIT $1 BILLION IN AUM
Grayscaleâs Zcash ETF, ZCSH, has now crossed the $1 billion AUM mark just one month after launching on NYSE Arca.
The milestone comes as ZEC has exploded higher, pushing the value of the fundâs existing holdings up sharply alongside fresh inflows.
Grayscale says Zcash is among the assets âdefining the next era of digital finance,â highlighting the growing institutional interest around privacy focused assets.
But thereâs an important detail: the $1B AUM figure isnât the same as $1B of new investor money. The fund had existing ZEC holdings when it converted to an ETF, while ZECâs price surge has also significantly increased its asset value.
$1B AUM in a month. Zcash is officially getting serious institutional attention.
$ZEC
$SOL
Grayscaleâs Zcash ETF, ZCSH, has now crossed the $1 billion AUM mark just one month after launching on NYSE Arca.
The milestone comes as ZEC has exploded higher, pushing the value of the fundâs existing holdings up sharply alongside fresh inflows.
Grayscale says Zcash is among the assets âdefining the next era of digital finance,â highlighting the growing institutional interest around privacy focused assets.
But thereâs an important detail: the $1B AUM figure isnât the same as $1B of new investor money. The fund had existing ZEC holdings when it converted to an ETF, while ZECâs price surge has also significantly increased its asset value.
$1B AUM in a month. Zcash is officially getting serious institutional attention.
$ZEC
$SOL
