Grayscale’s Zcash Trust Soars as Privacy Coin Demand Rises

The Grayscale Zcash Trust (ZCSH) has experienced a significant surge in both its share price and net asset value (NAV), marking a renewed interest in privacy-focused cryptocurrencies. As of October 28, 2025, the Trust’s market price reached $28.48, while its NAV per share climbed to $28.19, reflecting daily gains of 27.71% and 33.10%, respectively. This jump comes amid growing investor interest in privacy coins like Zcash (ZEC).