Zcash ETF Net Assets Reach $463 Million as ZEC Nears $1,200

Zcash (ZEC) traded near $1,185, up 11% in 24 hours, while Grayscale’s Zcash ETF (ZCSH) held $463.2 million in assets as of Sept. 4. According to BeInCrypto, the fund converted from Grayscale’s Zcash Trust and began trading on NYSE Arca on Aug. 25, becoming the first US-listed spot ETF for a privacy-focused token. ZCSH closed at $83.77 on Sept. 4 and held 444,608 ZEC tokens, with daily volume of 804,728 shares. Grayscale head of index Steve Vanourny said demand for financial privacy may grow as AI increases monitoring of financial activity.