Grayscale Brings Privacy-Focused Zcash ETF to NYSE Arca
Grayscale has launched its first Zcash ETF on NYSE Arca, trading under the ticker ZCSH. This fund is a significant development in the crypto space as it's the first U.S. exchange-traded product focused on a privacy-oriented asset.
The launch follows a 65% weekly rise in ZEC, driven by increased institutional activity ahead of the listing. The Grayscale Zcash Trust, which spun out the ETF, had over $313.5 million in assets under management.