Zcash price could crash as Grayscale converts ZEC Trust to ETF

Grayscale has filed a proposal with the US Securities and Exchange Commission to convert its Zcash Trust into the first Zcash exchange-traded fund (ETF), potentially bringing the privacy-focused cryptocurrency into mainstream financial markets. This filing follows a significant rally in Zcash's price, which has surged over 1,000% recently.

Grayscale has filed with the SEC to list the first exchange-traded fund (ETF) tied to Zcash, a privacy-focused cryptocurrency, potentially on NYSE Arca. This move follows a series of successful ETF listings by Grayscale, including those for Dogecoin and XRP, which have recently gained approval for trading on the NYSE.

Grayscale has filed with the SEC to launch the first exchange-traded fund (ETF) linked to Zcash, a privacy-focused cryptocurrency. This filing aims to broaden access to Zcash and enhance institutional adoption of digital assets, coinciding with a significant rally in Zcash's price, which has surged over 1,000% recently.

Grayscale has filed to convert its Zcash Trust into the first Zcash exchange-traded fund (ETF) in the U.S., capitalizing on a significant rally in Zcash's price, which has surged over 1,000% recently. This move is seen as a strategic response to increasing demand for privacy-focused cryptocurrencies, as ZEC has outperformed major coins like Bitcoin and Ethereum.

Grayscale has filed for the first Zcash ETF in the U.S., a move aimed at broadening access to privacy-focused cryptocurrencies and potentially enhancing institutional adoption of digital assets. This filing comes amid a significant rally in Zcash's price, which has surged over 1,500% this year.

Nasdaq-listed insurance technology company Reliance Global has converted its entire cryptocurrency treasury into Zcash, signaling a strategic shift towards privacy-focused digital assets. This decision reflects a strong belief in ZEC's long-term potential amidst a growing interest in privacy tokens.

Spot XRP Exchange-Traded Funds (ETFs) have made a remarkable entrance into the market, achieving over $164 million in single-day inflows, significantly outpacing other crypto investment products like Bitcoin, Ethereum, and Solana. The launch of Grayscale and Franklin Templeton's XRP ETFs has been particularly noteworthy, with each fund recording over $60 million in net inflows on their debut day.

Grayscale's GDOG, the first U.S. spot Dogecoin ETF, debuted on November 24, 2025, but experienced a lackluster start with only $1.41 million in trading volume on its first day, raising concerns about investor interest in the product.