Grayscale updates Zcash ETF filing as DCG unit weighs $110M ZEC buy
Grayscale updates Zcash ETF filing as DCG unit weighs $110M ZEC buy
Grayscale filed its fourth amendment to convert the Zcash Trust into an ETF listed on NYSE Arca.A DCG subsidiary is considering an investment representing about 200,000 ZEC, worth roughly $110 million.The discussions are nonbinding and the investor could ultimately purchase more, fewer or no shares.The filing also addresses the Orchard vulnerability and the Ironwood upgrade that followed.