Grayscale Seeks Spot Zcash ETF Conversion with New SEC Filing

Grayscale is pushing forward with a proposed spot Zcash ETF, fueled by investor demand for privacy-focused assets. The company’s new SEC filing seeks to convert its Zcash Trust into an ETF, potentially making ZEC one of the first privacy-focused assets to achieve regulated status. This move has brought renewed attention to Zcash as investors seek out more secure and private cryptocurrencies. Grayscale’s existing trust and past success with converting Bitcoin and Ethereum trusts sets a positive precedent for this new product.