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