Zcash Seals U.S. Market Exposure with Corporate Treasury and ETF Listings

Zcash has made significant strides in gaining exposure to U.S. markets through various channels.

Cypherpunk Technologies holds a substantial amount of ZEC, with 323,394.38 tokens valued at $129.387 million as of June 30, accounting for approximately 1.92% of the circulating supply.

The company's president and CEO, Douglas E. Onsi, stated that they have been successfully executing their Zcash digital asset treasury strategy, increasing their holdings during the second quarter.

Another entry point into U.S. markets is Grayscale's Zcash ETF (ZCSH), which listed on NYSE Arca on August 24 and tracks the value of ZEC per share, less expenses and other liabilities.

The ETF charges a 2.50% annual sponsor fee, accrued daily and paid in ZEC, with Coinbase Inc. serving as the fund's prime broker and Coinbase Custody Trust Company LLC as custodian.