started · updated
Grayscale launches first spot Zcash ETF on NYSE Arca
Grayscale has launched the world’s first spot Zcash ETF, trading on the NYSE Arca under the ticker ZCSH. The product is a conversion of the existing nine-year-old Grayscale Zcash Trust into an exchange-traded fund, allowing investors to gain exposure to the privacy-focused cryptocurrency through traditional brokerage accounts without direct ownership of the ZEC token.
The launch follows a period of significant price volatility for Zcash, which saw its value rally toward $850 amid growing interest in privacy-centric digital assets. This movement occurred shortly after developers patched a critical vulnerability in Zcash’s shielded transaction system.
Grayscale has announced that it will direct 100% of the management fees collected during the fund’s first year toward marketing, education, and supporting the Zcash ecosystem. The ETF carries an annual sponsor fee of 2.5%, which is payable in ZEC.
Entities
Grayscale · Jane Street Capital · NYSE Arca · NYSE Arca · Securities and Exchange Commission · Steve Vanourny · Virtu Americas · Zcash