Grayscale Investments hasfiledan S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Zcash Trust into a spot exchange-traded fund (ETF) focused on ZEC.
This story is an excerpt from the Unchained Daily newsletter.
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If approved, the fund would be the first-ever regulated spot ETF for a privacy-preserving crypto, and will be listed on the NYSE Arca under the ticker symbol ZCSH.
“As privacy becomes foundational across crypto, we view ZEC as a key contributor to a well-balanced digital asset portfolio,” said Grayscale.
The move comes amid heightened interest for ZEC, which has rallied 1147% over the last three months, as privacy discussions across the crypto community intensified.
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Grayscale Files to List Zcash ETF - Unchained
Grayscale Investments has filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Zcash Trust into a spot exchange-traded fund (ETF) focused on ZEC.
This story is an excerpt from the Unchained Daily newsletter.
Subscribe here to get these updates in your email for free
If approved, the fund would be the first-ever regulated spot ETF for a privacy-preserving crypto, and will be listed on the NYSE Arca under the ticker symbol ZCSH.
“As privacy becomes foundational across crypto, we view ZEC as a key contributor to a well-balanced digital asset portfolio,” said Grayscale.
The move comes amid heightened interest for ZEC, which has rallied 1147% over the last three months, as privacy discussions across the crypto community intensified.