Grayscale Seeks SEC Approval for Zcash Spot ETF

Grayscale Investments is taking a significant step towards mainstream cryptocurrency investment by seeking regulatory approval for a spot exchange-traded fund (ETF) based on the privacy coin Zcash. This filing signals Grayscale’s ambition to bring this cryptocurrency directly into institutional investors’ hands, potentially making it one of the first investment vehicles offering direct access to privacy-focused digital assets. The move comes after the company’s successful launch of spot ETFs for Bitcoin, Ethereum, Dogecoin and XRP, demonstrating their expertise in navigating the complex regulations surrounding crypto investments.