Grayscale’s Zach Pandl to Present Macro Case for Zcash in Singapore
Grayscale’s Head of Research, Zach Pandl, is set to make a compelling argument for Zcash (ZEC) at the Digital Asset Yield Summit (DAYS) in Singapore on October 6, 2026. His talk, aimed at institutional allocators and asset managers, will focus on the macro case for Zcash, a topic that has gained traction in recent months.
The event, which attracts roughly 300 yield-focused investors, comes amid a broader Grayscale campaign highlighting Zcash’s potential. Around late September 2026, Grayscale applied for a Zcash-linked income ETF, designed to offer biweekly cash distributions. The firm already manages ZCSH, a spot ETF for Zcash, which held approximately $996 million in assets as of September 25, 2026.
Grayscale’s conviction in Zcash is backed by strong data. The firm identified ZEC as having the most growth potential in its ‘Currencies’ category, alongside Bitcoin, Litecoin, and XRP. Analysts suggest ZEC could capture up to 5% of Bitcoin’s market share, potentially leading to significant price increases. Zcash’s market capitalization surged from around $4 billion in March 2026 to approximately $24.27 billion by late September 2026, with ZEC trading in the $1,400-$1,500 range.
Zcash’s privacy features, enabled by zk-SNARKs technology, have become a key selling point. The rise in shielded transactions and growing public awareness of privacy concerns, particularly with AI and surveillance, has bolstered Zcash’s appeal. Pandl has noted that Zcash benefits from ‘second-mover advantages’ with its shielded transaction technology at a time when AI is increasing scrutiny of on-chain activity.
The proposed ETF, if approved, could attract investors seeking cash flow in addition to price appreciation. Grayscale has offered Zcash exposure through investment products for nearly nine years, placing it alongside major digital currencies. The next key milestone is Pandl’s presentation in Singapore, where he will present his macro thesis to a room full of institutional allocators.