Grayscale Brings Zcash to Mainstream with NYSE Traded ETF
Grayscale's Zcash Exchange Traded Fund (ETF) began trading on NYSE Arca under the ticker ZCSH, marking a significant milestone in the cryptocurrency space.
The ETF offers spot Zcash exposure, allowing investors to track the price of ZEC without having to buy or store the token themselves.
This move comes months after developers disclosed and patched a critical vulnerability in the privacy coin's shielded transaction system.
Grayscale launched its Bitcoin ETFs earlier this year, which have seen significant net inflows with a total cumulative net inflow of $54.5B since August 24.