Grayscale Expands Crypto ETF Portfolio with New Zcash Fund
Grayscale Investments has expanded its lineup of crypto-focused exchange-traded funds (ETFs) to include Zcash. The new fund, which was announced on March 8, will provide investors with exposure to the increasingly popular cryptocurrency.
The move comes as Grayscale continues to grow its presence in the rapidly evolving world of cryptocurrencies. Founded in 2015, Grayscale has become a leading provider of crypto-related investment products.
Zcash is an open-source cryptocurrency that uses advanced cryptography to ensure user anonymity and confidentiality. It was created in 2016 by Zooko Wilcox-O'Hearn and other members of the Electric Coin Company (ECC).