Grayscale launches first Zcash ETF with direct ZEC exposure
Grayscale launches first Zcash ETF with direct ZEC exposure
Grayscale has launched the first ETF offering direct exposure to Zcash under the ZCSH ticker.The fund is a conversion of Grayscale’s Zcash Trust and carries a 2.5% annual sponsor fee.ZEC has rallied about 45% over the past several days ahead of the ETF launch.Grayscale said revenue from the fund’s fee will be directed back into the Zcash ecosystem.