Zcash, the largest privacy coin by market cap, was up 149% on the year as of October 22, even as most major cryptocurrencies lost value. Grayscale launched the Zcash ETF (ZCSH) on August 25, and it gathered more than $1 billion in its first 30 trading days, placing it among the top 1% of ETFs launched over the past decade by first-month assets, according to managing director Krista Lynch. Bulls point to growing demand for financial privacy, with about 29% of ZEC now in shielded addresses, up from about 12% at the start of 2025, and a hard cap of 21 million ZEC. The article notes risks including use of Zcash to launder stolen funds in September and October, possible exchange delistings, and a critical Orchard pool vulnerability disclosed in June that has since been patched. It also calls the ETF's 2.5% management fee, or $25 per $1,000 invested, a sizable premium compared with buying Zcash directly on an exchange.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Grayscale New Zcash ETF Has Gathered $1 Billion in Assets in Just 30 Days . Here Why Investors Are So Bullish on Zcash .
Read the original on fool.com ↗
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Related tickers and likely impact
ZEC/USDT
▲ Likely positiveZcash
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Privacy |
| Market cap | $19.3B |
| Close on 10/23/2026 | 1,182.98 |
| Change that session | -2.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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