Grayscale Files to Convert Zcash Trust into Spot ETF Amid Rising Demand and Regulatory Scrutiny
The post Grayscale Files to Convert Zcash Trust into Spot ETF Amid Rising Demand and Regulatory Scrutiny appeared on BitcoinEthereumNews.com.
Grayscale has filed to convert its Zcash Trust into a spot ETF, known as ZCSH, amid Zcash’s 1,000% surge in 2025 and growing adoption of its privacy features, providing investors regulated access to ZEC through NYSE Arca listing with Coinbase as custodian. Zcash’s 1,000% price surge in 2025 and 30% shielded transaction growth highlight strong demand for a spot ETF. The proposed ZCSH ETF will feature a 2.5% management fee, cash creations initially, and potential in-kind redemptions pending SEC approval. Grayscale’s successful Bitcoin and Ethereum ETF conversions in 2024 bolster the case, though privacy coins face ongoing regulatory review. Discover Grayscale’s Zcash spot ETF filing: surging ZEC demand, privacy adoption rise, and ETF details. Stay informed on crypto regulations and investment opportunities in 2025. Read more now. What is Grayscale’s Zcash Spot ETF Proposal? Grayscale’s Zcash spot ETF is a proposed exchange-traded fund that would convert the existing Grayscale Zcash Trust into a product holding actual ZEC tokens, offering investors direct exposure without managing the cryptocurrency themselves. Filed via Form S-3 with the U.S. Securities and Exchange Commission, the ETF aims to list on NYSE Arca under the ticker ZCSH, with Coinbase serving as custodian and prime broker. This initiative follows Zcash’s remarkable performance and increasing institutional interest in privacy-focused assets. How Does the Structure of the Proposed Zcash ETF Work? The ZCSH ETF would operate by holding physical Zcash in custody, with shares created and redeemed in baskets of 10,000 units, equivalent to approximately 817 ZEC based on recent pricing. Initially, the fund plans to use cash-only creations and redemptions to simplify operations, potentially transitioning to in-kind exchanges if the SEC approves further modifications. The Bank of New York Mellon will handle administrative and transfer agent roles, ensuring robust oversight. As of late November, the trust already managed around…
Filed under: News - @ November 27, 2025 9:27 pm