Grayscale Launches First Zcash ETF as Privacy Coin Surges 45%

Grayscale has launched the first exchange traded fund offering direct exposure to Zcash, trading under the ticker ZCSH on NYSE Arca. The fund is a conversion of Grayscale’s existing Zcash Trust, which held over $313.5 million in assets as of Monday, and carries a 2.5% fee that will be redirected back into supporting the Zcash network’s development.

Privacy Demand Tied to Rising AI Concerns

Grayscale’s Head of Index said growing use of artificial intelligence is expected to increase demand for genuine financial privacy, positioning Zcash as a relevant long-term asset in that shift. The launch comes as Zcash’s price surged 45% in recent days, coinciding with Grayscale’s fifth amended regulatory filing for the ETF.

Part of Grayscale’s Broader ETF Expansion

The Zcash ETF adds to Grayscale’s growing list of converted crypto trusts, following similar moves with Bitcoin, Ethereum, XRP, Solana and Litecoin. An earlier filing also revealed that a subsidiary of Grayscale’s parent company is considering acquiring roughly 200,000 ZEC through the trust, further highlighting growing institutional interest in the privacy coin.