The post Zcash News: Zcash Drops Despite Landmark Step Toward First ZEC ETF appeared on BitcoinEthereumNews.com.

Grayscale filed to convert its Zcash Trust into a spot ETF. Despite this landmark step, Zcash (ZEC) experienced a price drop. Crypto asset manager Grayscale filed a registration statement. This was with the US Securities and Exchange Commission (SEC) on Wednesday, November 26, 2025. The inclusion of filing is to transform its Zcash Trust (ZCSH) into a spot ETF. If it is approved, it will be a significant milestone. It would be the first-ever ETF dedicated to the privacy coin Zcash and listed in the US. Grayscale Files for First Spot ZEC ETF Amid Price Dip According to CoinMarketCap, Zcash (ZEC), one of the leaders of the privacy industry, was trading at $503 on Wednesday, November 26. This brought its market capitalization to 8.29 billion. This is down from its YTD peak of $11.4 billion. This drop came in spite of the news from the ETF. We’ve filed the ZCSH Form S-3 – an important step required to launch the first ZEC ETPs. Zcash launched in 2016. Seeing the potential of the Zcash protocol, we launched Grayscale Zcash Trust (Ticker: ZCSH) as a private placement in 2017. — Grayscale (@Grayscale) November 26, 2025 Zcash (ZEC) has experienced a huge price drop. This followed a large rally. After peaking at close to $750, its price dropped more than 35%. There is, however, optimism about its long-term potential among analysts. Currently, it is trading at approximately $520. This correction was affected by different factors. These include profit taking and larger market volatility. Grayscale reported the filing on X (formerly Twitter). They have filed the ZCSH Form S-3 – that’s an important step needed to move the first ZEC ETPs forward,” Grayscale stated. Zcash launched in 2016. Seeing the potential, Grayscale launched a private placement called Grayscale Zcash Trust (Ticker-ZCSH) in 2017. Related…

---

Filed under: News - @ November 27, 2025 8:21 am