Grayscale’s Zcash Spot ETF Debuts With $14.8M Volume, Closes Down 1.5%

BitcoinWorld Grayscale’s Zcash Spot ETF Debuts With $14.8M Volume, Closes Down 1.5% Grayscale Investments launched its first spot Zcash exchange-traded fund (ETF) on U.S.

markets, with the fund — trading under the ticker ZCSH — recording $14.8 million in trading volume on its opening day. The fund closed the session down 1.54% at $63.10, after having been up more than 3.5% earlier in the day.

ZCSH: A New Milestone for Zcash The debut of ZCSH marks a significant step for Zcash (ZEC), a privacy-focused cryptocurrency that has often remained on the periphery of mainstream investment products.

This is the first spot ZEC ETF to list in the United States, providing investors with a regulated vehicle to gain exposure to the asset without directly holding the cryptocurrency. Grayscale has a history with Zcash, having previously operated a Zcash trust.