Grayscale debuts first-ever Zcash ETF
The
@Grayscale Zcash ETF has debuted on NYSE Arca with the ticker symbol $ZCSH.
It becomes the first-ever privacy-oriented cryptoasset offered through an exchange-traded product in America.
The new offering is a spinoff of Grayscale Zcash Trust, with more than $313.5M in assets under management.
The launch comes amid a 65% rise in $ZEC price over the last 7 days, driven by institutional players front-running the listing on NYSE Arca.