Zcash Near $790 as ETF Launch Coincides with ChainSpin's Live Casino and Sportsbook
Zcash has been trading near $790 after the launch of its new spot ETF, which expanded institutional access to the privacy-focused cryptocurrency.
The Grayscale Zcash Trust was converted into the Zcash ETF, giving U.S. investors exchange-traded exposure to ZEC and helping push the token toward an eight-year high near $880 before profit-taking pulled the market back.
ChainSpin, another project focused on privacy and speed, is attracting attention with its live licensed casino and sportsbook, offering instant withdrawals and crypto-friendly features. The $SPIN token is currently in presale at $0.0125, with over 30% of Stage 1 sold.