Grayscale Targets First U.S. Zcash ETF as Privacy Coin Explodes 1,000% – What’s Next?

Grayscale Investments has moved to capitalize on one of the most explosive crypto rallies of the year, filing to convert its long-running Zcash Trust into a U.S.-listed exchange-traded fund. The Wednesday submission to the Securities and Exchange Commission marks the firm’s latest attempt to expand its ETF lineup into the fast-moving privacy-coin sector at a time when Zcash has surged nearly 1,000% over the past year. If approved, the product would become the first U.S. ETF to offer regulated exposure to ...