Grayscale Files Fresh SEC Amendment for First U.S. Zcash ETF

TheNewsCryptoPubblicato 2026-08-22Pubblicato ultima volta 2026-08-22

Introduzione

Grayscale has filed its fifth amended registration statement with the U.S. SEC to convert its Grayscale Zcash Trust into a spot ETF, named the "Zcash ETF." The proposed ETF plans to trade on NYSE Arca under the ticker ZCH, with a 2.5% annual sponsor fee. Bank of New York Mellon would serve as transfer agent, and Coinbase Custody would hold the Zcash assets. This follows another filing revealing discussions about a Digital Currency Group subsidiary contributing roughly 200,000 ZEC to the fund. The existing Zcash Trust, launched in 2017 and holding over $260 million in assets, provides a foundation for the proposal. If approved, this would be the first U.S. ETF offering direct exposure to the privacy-focused cryptocurrency Zcash (ZEC). Analysts view the amendment as progress, though it does not guarantee SEC approval or a launch timeline.

This brings Grayscale closer to introducing the first US exchange-traded fund to invest in Zcash directly. The company filed for the fifth amended registration statement with the U.S. Securities and Exchange Commission recently. The plan is to transform the Grayscale Zcash Trust into an investment spot ETF. This new filing has renamed the trust to “Zcash ETF” and set up the annual sponsor fee of 2.5%.

Grayscale Revises its Proposal for the Zcash ETF

Grayscale intends to trade the ETF on NYSE Arca with the ticker symbol of ZCH. Bank of New York Mellon will act as the transfer agent for the ETF. Coinbase Custody Trust Company will store the holdings of the ETF in Zcash in custody. The filing states that, following approval, the trust would be permitted to issue the shares perpetually. The share prices would be calculated based on the market price of the cryptocurrency ZEC, as well as the trading price of the ETF on the exchange. This latest filing by Grayscale comes shortly after the filing of another document by the company. The other filing reveals talks between a subsidiary of Digital Currency Group and the contribution of about 200,000 ZEC to the ETF.

Grayscale Zcash Trust Assets Exceed $260 Million Already

Grayscale has been running its Zcash Trust since 2017, providing a solid foundation for its new proposal for an ETF. The trust is managing more than $260 million in assets as of Friday. Grayscale currently manages more than a dozen crypto ETFs, including Bitcoin, Ethereum, Dogecoin, and XRP. Zcash is a crypto that debuted in 2016 and incorporates crypto technology that helps ensure transaction privacy.

The latest SEC filing is not an indication of approval or a definite timeline for launch. Analyst at Bloomberg Intelligence, James Seyffart, indicated that the amendment is a clear indication of progress towards converting the trust to an ETF. Should it be approved, it will be the first US ETF offering ZCH exposure.

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Domande pertinenti

QWhat is the main purpose of Grayscale's latest SEC filing amendment?

AThe main purpose is to seek approval to convert the existing Grayscale Zcash Trust into a spot exchange-traded fund (ETF) that directly invests in Zcash, which would be the first such ETF in the United States.

QWhere would the proposed Zcash ETF trade and what would be its ticker symbol?

AThe proposed Zcash ETF would trade on NYSE Arca under the ticker symbol ZCH.

QWhich companies are named as key service providers for the proposed Zcash ETF in the filing?

ABank of New York Mellon would act as the transfer agent, and Coinbase Custody Trust Company would store the ETF's Zcash holdings in custody.

QWhat is the annual sponsor fee set for the proposed Zcash ETF?

AThe annual sponsor fee for the proposed Zcash ETF is set at 2.5%.

QAs of the time of the article, what was the approximate value of assets managed by the Grayscale Zcash Trust?

AThe Grayscale Zcash Trust was managing more than $260 million in assets as of the Friday mentioned in the article.

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