Grayscale’s Zcash ETF Hits $1 Billion but Most of It Isn’t New Money
Grayscale says its Zcash exchange-traded fund (ETF) has passed $1 billion in assets one month after listing, but its flow data shows ZEC’s price did most of the work. The Milestone, in One Tweet “$1B in AUM,” Grayscale posted late Thursday, referring to its ZCSH offering as “the world’s first Zcash fund.” And while the […]
Key Takeaways
- Grayscale says its Zcash exchange-traded fund (ETF) has passed $1 billion in assets one month after listing, but its flow data shows ZEC’s price did most of the work.
- The Milestone, in One Tweet “$1B in AUM,” Grayscale posted late Thursday, referring to its ZCSH offering as “the world’s first Zcash fund.” And while the […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Exchange
Block brings Bitcoin Lightning payments to x402 for AI agents
Block joins Google, Microsoft, AWS and Coinbase in backing x402, an open payment standard enabling agentic AI commerce.
100 Coinbase Users Trusted Fake Support and Lost Nearly $16M
A Brooklyn man who posed as a Coinbase representative and stole nearly $16 million from about 100 people has been sentenced to four to 12 years in prison. A judge also ordered him to pay nearly $16 million in restitution. Coinbase Users Lost Nearly $16…
Iran’s 7-Day Hormuz Proposal Hits an Already Nervous Market
The United States and Iran are reportedly discussing a phased arrangement that could reopen the Strait of Hormuz within roughly seven days in exchange for easing Washington’s blockade of Iranian ports, according to Reuters. No deal has been signed, and…