The spot exchange-traded fund (ETF) for the cryptocurrency Zcash from Grayscale began trading on the NYSE Arca exchange under the ticker ZCSH on August 25, reports Decrypt. It was converted from the Grayscale Zcash Trust, which was created back in October 2017.
"Grayscale has long been focused on identifying promising technologies and investment themes, and the nine-year history of this fund is the most obvious signal of demand," said Grayscale's Head of Indexes, Steve Van Urn, in an interview with the publication.
Zcash ($ZEC) is a privacy-focused cryptocurrency launched in 2016. In Zcash, users can choose between transparent and private transactions. The latter use zk-SNARKs technology, which allows the correctness of an operation to be verified without revealing its contents.
$ZEC has been a leader in growth both in 2025 and this spring. It currently ranks 11th on Coinmarketcap with a market capitalization of around $14 billion.
According to Van Urn, the emerging demand determined the right moment to launch the $ZEC ETF. Grayscale expects it to be of interest primarily to self-directed and advised investors who wish to invest in $ZEC through a brokerage account.
"Investors are increasingly looking to access digital assets, beyond Bitcoin and Ethereum, through the brokerage accounts they already use, and Zcash occupies a unique place in this segment. This cryptocurrency has a nearly decade-long history, it's built on Bitcoin's principles, including its algorithm and 21 million coin supply limit, but also offers an optional privacy technology that Bitcoin lacks," said Van Urn.
In June, a critical vulnerability was discovered in Zcash, but a month later, developers activated the Ironwood update and the issue was resolved.
Van Urn stated that Grayscale will monitor the further rollout of Ironwood. The company is also closely watching regulatory developments concerning privacy assets like Zcash.
The price of $ZEC fluctuated around $820 on August 25. This coin is one of the top gainers over the past week, during which it added 64%. Zcash's growth over the year is more than 1800%.
"RBC-Crypto" does not provide investment advice; the material is published for informational purposes only. Cryptocurrency is a volatile asset and can lead to financial losses.
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