Crypto
Home›Crypto›Regulation›Grayscale launches Zcash ETF after critical privacy fl…
Grayscale launches Zcash ETF after critical privacy flaw
The ETF is designed to give brokerage investors direct exposure to Zcash, as Grayscale looks to broaden demand beyond Bitcoin and Ethereum.
Grayscale has launched an exchange traded fund that provides brokerage investors with exposure to Zcash, according to Decrypt.
The launch comes after a critical privacy flaw that drew attention to the cryptocurrency, which the outlet notes helped “rock” the market.
The product signals Grayscale’s push to expand its crypto ETF lineup beyond the two dominant assets, Bitcoin and Ethereum, with the firm positioning ZEC as a potential driver of newer, broader demand for digital assets.
Latest closeBitcoin $79,264.16 ▲0.4%|Ethereum $2,477.17 ▼0.2%