Wu Blockchain(@WuBlockchain ):Grayscale Files to Launch the First Spot ETF for a Privacy Coin Grayscale has filed to convert its Zcash Trust into a spot ETF, which, if approved, would become the world’s first spot ETF tied to a privacy coin. The filing comes after the U.S. SEC reportedly ended its long-running review of privacy coins without taking enforcement action, removing a key regulatory overhang. Multicoin Capital co-founder Tushar Jain also disclosed that the crypto hedge fund has been building a large ZEC position since February, viewing it as a macro hedge.

2026.05.12 06:18

Grayscale Files to Launch the First Spot ETF for a Privacy Coin Grayscale has filed to convert its Zcash Trust into a spot ETF, which, if approved, would become the world’s first spot ETF tied to a privacy coin. The filing comes after the U.S. SEC reportedly ended its long-running review of privacy coins without taking enforcement action, removing a key regulatory overhang. Multicoin Capital co-founder Tushar Jain also disclosed that the crypto hedge fund has been building a large ZEC position since February, viewing it as a macro hedge.