Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz

Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz

Zcash Jumps 38% Past $800 as Grayscale ETF Filing Lands

Why Did Zcash Surge Above $800? Zcash surged past $800 for the first time since 2018 on Saturday, with heavy derivatives activity and Grayscale’s latest spot ETF filing adding fuel to a rally that pushed the privacy-focused cryptocurrency up about 38%. ZEC traded between roughly $589 and $851 over a 24-hour period, a swing of about 45%. The advance carried the token above its January 2018 peak near $800 and the roughly $750 level reached last No…

Grayscale Files for ZEC ETF as Zcash Surges 42% Past $800

Grayscale has moved to launch a spot ZEC ETF, and Zcash answered with a violent rally, surging 42% past the $800 mark as the filing news hit the market. What Grayscale’s ZEC ETF Filing Means for Zcash Grayscale filed to convert its Zcash exposure into a spot ETF, a product that would track ZEC directly and let investors gain exposure through a regulated wrapper rather than holding the token themselves, according to reporting from Crypto Briefing…

Zcash Surges 30% As Grayscale ETF Filing And Mining Deal Lift ZEC

Zcash surged almost 30% to $788 on Saturday, extending its seven-day advance above 60% and taking ZEC to more than three times the sub-$250 levels reached during the April market selloff. The privacy-focused cryptocurrency traded as high as $848.65 over the past 24 hours, while trading volume jumped 263% to $2.52 billion. Its market capitalization climbed to roughly $13.3 billion, pushing Zcash to No. 11 among cryptocurrencies by market value. G…

Zcash price jumps 17% as Grayscale advances ZCSH listing plan

Zcash price jumped 17% towards $680 as Grayscale advanced its ZCSH listing and disclosed a potential 200,000 ZEC contribution.

Zcash ETF Moves Closer After Grayscale Files Fifth Amendment

TLDR: Zcash ETF terms now include the planned ZCH ticker, an NYSE Arca listing and a 2.5% annual sponsor fee after Grayscale filed its fifth amendment. BNY Mellon would serve as transfer agent, while Coinbase Custody would safeguard the ZEC supporting continuously issued fund shares. The existing Grayscale Zcash Trust held over $260 million when the amendment appeared, giving the conversion an established asset base. A potential 200,000 ZEC con…