Morgan Stanley has filed with the U.S. Securities and Exchange Commission (SEC) to launch new exchange-traded funds tied to Bitcoin and Solana . If approved, this will mark another clear step by a major Wall Street bank into digital assets. The filings show the bank wants to give investors regulated exposure to two leading assets at a time, as renewed institutional interest. Morgan Stanley Submits ETF Plans to Regulators Morgan Stanley’s filing outlines plans for a Solana exchange-traded fund designed ...

grayscale filed for zcash etf after converting gbtc from a 50% discount to $30b in etf flows. market prices zero chance of zec approval despite grayscale's lawyers never filing blind. zec down 25% this week on privacy coin panic. same playbook that turned gbtc discount into billions ...

Core Viewpoint - Grayscale Investments is seeking to convert its Zcash Trust into a U.S.-listed exchange-traded fund (ETF) to capitalize on the significant rise in Zcash's value, which has surged nearly 1,000% over the past year [1][4]. Group 1: ETF Development - The filing with the Securities and Exchange Commission represents Grayscale's effort to expand its ETF offerings into the privacy-coin sector [1][2]. - If approved, this would be the first U.S. ETF providing regulated exposure to Zcash, a cryptocurrency that utilizes zero-knowledge proofs for transaction privacy [2][3]. Group 2: Market Dynamics - Zcash's unique feature is its selective privacy through shielded transactions, which has become increasingly appealing to investors concerned about the traceability of Bitcoin and other transparent blockchains [3][4]. - The Zcash market has experienced significant volatility, with its price rising from approximately $40 to over $700 in a few weeks, before fluctuating around $450 [5][6]. Group 3: Institutional Interest - A Zcash ETF would lower the management premium associated with the current trust structure and facilitate easier trading through traditional brokerage accounts [4]. - This product could provide institutional investors with a regulated entry point into the privacy-coin market, which has faced challenges in attracting mainstream capital due to compliance issues [4]. Group 4: Regulatory Concerns - Concerns have been raised regarding the storage of Zcash on centralized exchanges, as it may compromise its privacy features, turning it into a traceable asset [6][7]. - The comments from BitMEX co-founder Arthur Hayes highlight ongoing issues related to self-custody and regulatory oversight in the context of privacy coins [7].

The Daily: Robinhood takes aim at larger prediction-market share, Grayscale files to launch first-ever Zcash ETF, and more https://t.co/XduB0uUcZk ...

Core Insights - Robinhood is acquiring a 90% stake in derivatives exchange LedgerX to launch its own prediction market platform, leading to an 8% increase in its stock price to $125 [1][6] - The company is responding to strong customer demand for prediction markets and aims to enhance its product offerings [2] - Bernstein analysts suggest that Robinhood's acquisition will allow it to launch its own event contracts, leveraging its existing market share [3][4] Company Developments - Robinhood's investment in LedgerX is part of a strategy to build a dedicated prediction market platform, enhancing its infrastructure for better customer experience [2][4] - The acquisition is expected to close in the first quarter of 2026, with Miami International Holdings retaining a 10% stake [4][6] - The partnership with Susquehanna International Group facilitated the acquisition, indicating a strategic alignment for entering the prediction markets [4][6] Market Context - Robinhood has already captured over 50% of Kalshi market volumes, indicating a strong position in the prediction market space [3] - The acquisition of LedgerX is seen as a move to increase revenue potential through innovative product offerings and increased market share [4] - MIAX, the operating name for LedgerX, has regulatory approval from the CFTC to list and clear futures and options, positioning it for growth in prediction markets [5][6]

Grayscale Files to Launch Zcash ETF After Privacy Coin's 1,000% Price Surge► https://t.co/LoArg74nj1 https://t.co/LoArg74nj1 ...

Crypto asset manager Grayscale Investments has jumped on the Zcash hype by filing for an exchange-traded fund that would give investors exposure to the privacy coin.  A Wednesday filing with the Securities and Exchange Commission shows that Grayscale wants to convert its Grayscale Zcash Trust into an ETF. If approved, it would be the first ETF giving investors exposure to the coin.  Zcash enables users to send and receive money in private by encrypting transaction information using zero-knowledge proofs—a c ...

Core Viewpoint - Grayscale is seeking to list the first U.S. ETF tracking Zcash, indicating a growing interest in privacy-focused cryptocurrencies as Zcash has gained significant market traction in 2025 [1][2]. Group 1: Grayscale's ETF Filing - Grayscale filed an S-3 registration statement with the SEC to convert its existing Zcash Trust into a spot ETF, following a similar strategy used for its Bitcoin Trust [1]. - If approved, this would mark the first Zcash ETF in the U.S., reflecting increased investor attention towards privacy-preserving crypto assets [2]. Group 2: Zcash Market Performance - Zcash has experienced a remarkable increase of over 1,000% year-to-date and a 40% rise in the last month, outperforming major cryptocurrencies like Bitcoin and Ether [2]. - The adoption of shielded transactions in Zcash has surged, with approximately 30% of ZEC transactions involving the shielded pool, and 20% to 25% of the total supply held in encrypted addresses [3]. Group 3: Industry Implications - Grayscale's ETF filing suggests a belief that investors are seeking exposure to digital privacy infrastructure, particularly as Zcash has outperformed larger cryptocurrencies [4].

Grayscale files with the SEC to launch first-ever Zcash ETF https://t.co/TUDAMYIeaL ...