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Grayscale Launches First Zcash ETF on NYSE Arca

Published by
Qadir AK

Grayscale launched its Zcash ETF, trading under the ticker ZCSH on NYSE Arca. The fund becomes the first U.S. exchange-traded product focused on a privacy-oriented crypto asset. It was spun out of the Grayscale Zcash Trust, which had more than $313.5 million in assets under management. The launch follows a 65% weekly rise in ZEC, as institutional activity increased ahead of the listing. Further trading and institutional flows will show how demand develops.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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