Grayscale files for Zcash ETF to broaden crypto access
Crypto Briefing
Grayscale has filed an S-3 form to convert its Zcash Trust into a publicly traded Zcash ETF.Summary
Grayscale Investments has submitted an S-3 filing to the SEC to transform its existing Zcash Trust into a publicly traded Exchange-Traded Fund (ETF). Upon effectiveness and listing, the trust will be renamed Grayscale Zcash Trust ETF (ZCSH) and will function as an ETF. This conversion aims to grant broader, regulated investor access to Zcash, a privacy-focused cryptocurrency that currently serves as the underlying asset in Grayscale's trust. This action underscores the increasing institutional demand for investment products centered on privacy-oriented digital assets.
(Source：Crypto Briefing)