Grayscale Pushes Zcash Toward ETF Status

[cryptoenthusiast]

Grayscale filed to convert its Zcash Trust into a U.S. ETF, holding 394,000 ZEC worth $197M. The move sparks debate: supporters see new investment access, while privacy advocates warn institutional influence could undermine Zcash’s decentralization.

[Abdul Khan]

Grayscale’s backing could fast-track ZEC’s legitimacy in institutional circles.

[Nahid Hossen]

Zcash moving toward ETF status signals broader acceptance for privacy coins.