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Zcash ETF Launch Sparks Rally Hopes for Grayscale's Latest Crypto Offering

Guavy AI Editorial Team
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Grayscale has launched its first-ever Zcash ETF, trading under the ticker ZCSH on NYSE Arca. This move comes just days after the token's price reached an eight-year high of near $867.

The fund is a conversion of the existing Grayscale Zcash Trust, which held over $313 million in assets under management before being converted into an ETF.

This development marks another milestone for Grayscale, following its successful conversions of several other crypto trusts into ETFs, including Bitcoin and Ethereum.

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