Zcash Soars Past $1,100 as ETF Demand Fuels Next Breakout Target
Zcash has seen significant growth following the launch of the Grayscale Zcash ETF on the NYSE Arca, with assets under management surpassing $500 million shortly after its debut.
The fund provides spot exposure to ZEC through conventional brokerage accounts, making it easier for investors to gain access without directly holding the cryptocurrency.
This increased demand has led to a powerful rally in ZEC's price, which recently traded above $1,100 and pushed toward the $1,250 region.
With the next major target set at $1,300, continued ETF inflows could provide another source of buying momentum for the token.
In contrast, DigiTap is an earlier-stage project that offers a different narrative. Its beta app is already downloadable through the App Store and Google Play, combining crypto and fiat wallets, cards, and payment functionality in one interface.