Zcash ETF Tops $1 Billion as Crypto Market Expands

A Zcash ETF has crossed $1 billion (USD) in assets, as Grayscale says crypto ETFs are entering a new phase beyond bitcoin and ether.

Which of the roughly 15 SEC-eligible tokens will see the next ETF filing, and how quickly? If selectivity becomes the norm, does that create a two-tier crypto market, one with regulated fund access and one without? Could projects start designing tokens to optimize for ETF eligibility rather than pure utility?

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