Grayscale Files for Zcash Spot ETF, Potentially Launching First Regulated Privacy Coin Investment Vehicle

Grayscale Investments has filed an S-3 registration statement with the SEC to convert its Zcash Trust into a spot Zcash ETF. This move, if approved, could see the first U.S.-listed Zcash ETF listed on NYSE Arca by late 2025. The filing marks a significant step for Zcash, increasing liquidity and potentially attracting institutional investors while signaling regulatory progress in the space of privacy coins.