Grayscale’s Zcash ETF Tops $500M, but $100M Came From a DCG Affiliate

Grayscale said its Zcash ETF passed $500 million in assets two weeks after listing. A regulatory filing shows $100 million of that arrived from a company affiliated with the fund’s own sponsor. What the Filing Actually Says Grayscale told followers on Sept. 8 that the world’s only Zcash fund had surpassed $500 million in assets […]
Key Takeaways
- Grayscale said its Zcash ETF passed $500 million in assets two weeks after listing.
- A regulatory filing shows $100 million of that arrived from a company affiliated with the fund’s own sponsor.
- What the Filing Actually Says Grayscale told followers on Sept.
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 Regulation
US Treasury's Office Targeting Iran's Sanctions Evasion Through Bitcoin and USDT
OFAC labels Iran's crypto sector sanctionable, citing Bitcoin and USDT-driven sanctions evasion to prop up the rial. The post US Treasury's Office Targeting Iran's Sanctions Evasion Through Bitcoin and USDT appeared first on BeInCrypto.

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Gemini receives Singapore payment license for crypto services
Gemini’s local entity is authorized to provide digital payment token and cross-border money transfer services without standard transaction-volume limits.