The First Zcash ETF in the US by Grayscale, a New Breakthrough on Wall Street!

Jakarta, Pintu News – Grayscale has taken a big step by proposing the conversion of their Zcash Trust into the first spot ETF in the United States. This move is similar to what they did with the Bitcoin Trust, which turned into the first Bitcoin spot ETF in the US in 2024. With this initiative, Grayscale is paving the way for retail investors to gain direct exposure to Zcash (ZEC) through exchange-listed products.

Details of Zcash ETF Filing by Grayscale

Grayscale has officially applied to convert its existing Zcash Trust into a spot ETF and will list it on NYSE Arca under the ticker ZCSH. The ETF is designed to give investors easy access to invest in Zcash, similar to the way they invest in Bitcoin stocks or ETFs.

Coinbase Custody will be responsible for securely storing ZEC, while Coinbase will act as the prime broker. The Bank of New York Mellon will manage the administration and transfer of funds.

Currently, the trust holds around 394,400 ZECs, with a value of almost $199 million. This number shows strong investment support even before ETF approval was granted, signaling investor confidence in Zcash’s potential.

Read also: Ethereum (ETH) Breaks $3,000 Again, What’s Driving the Rise?

The importance of the Zcash ETF for Wall Street

The launch of the Zcash ETF by Grayscale is an important step as privacy coins like Zcash often face greater regulatory challenges than other digital assets. With Grayscale taking the lead, it shows that there is growing confidence that privacy-focused cryptocurrencies can operate within a regulatory-compliant framework.

This also comes at a time when digital privacy is a global issue that is gaining more and more attention. If the SEC approves this fund, ZCSH will be the first Zcash ETF in the US, giving the privacy coin a strong entry point into mainstream finance. This could be a turning point for how privacy is valued and managed in the financial world.

Read also: QCP Gets Aggressive: Strengthen Crypto Trading Access for Large Investors in Various Countries

Unchanged ZEC Price Reaction

Despite the big announcement about the ETF, the price of Zcash (ZEC) has shown no upward movement. Currently, the ZEC price is around $503, down about 1.4% in the last few hours.

This drop may be an act of profit-taking after significant price increases since August. Zcash has seen gains of over 1,000% in the past three months and 54% in the last month, outperforming Bitcoin (BTC) and Ethereum (ETH).

Conclusion

With Grayscale’s move, Zcash is not only seen as a privacy-focused asset, but also as a true form of digital money. The success of this ETF could open up more opportunities for privacy coins to be accepted in major financial markets and give investors a new way to access privacy-first blockchain technology.

FAQ

What is the Zcash spot ETF proposed by Grayscale?

The Zcash spot ETF proposed by Grayscale is a financial product that will allow investors to invest directly in Zcash (ZEC) through an exchange, similar to investing in stocks or other ETFs.

Where will the Zcash ETF be listed?

The Zcash ETF proposed by Grayscale will be listed on NYSE Arca with the ticker ZCSH.

How many ZECs does Zcash Trust currently hold?

Currently, the Zcash Trust managed by Grayscale holds about 394,400 ZECs, which is worth almost $199 million.

Why didn’t the price of Zcash (ZEC) rise after the ETF announcement?

Despite the ETF announcement, the price of Zcash (ZEC) did not rise and even fell by about 1.4% which may have been due to profit-taking after the previous significant price increase.

What impact will the approval of the Zcash ETF have on the financial markets?

The approval of the Zcash ETF by the SEC will give privacy coins like Zcash access to mainstream financial markets, increasing acceptance and giving investors a new way to invest in privacy-focused blockchain technology.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coinpedia. Grayscale Files for First US Spot Zcash ETF. Accessed on November 28, 2025
• Featured Image: Coingape