According to The Wall Street Journal, several early Bitcoin supporters, including Gemini co-founders Winklevoss brothers, are heavily betting on privacy coin Zcash, believing its shielding transaction mechanism is closer to BTC's early ideals. Grayscale has filed an S-3 form on 5/8, intending to convert its Zcash trust into the first privacy coin spot ETF. ZEC is priced at approximately $597, with an annual increase of over 1,400%.
According to The Wall Street Journal, several early Bitcoin supporters, including Gemini co-founders Winklevoss brothers, are heavily betting on privacy coin Zcash, believing its shielding transaction mechanism is closer to BTC's early ideals. Grayscale has filed an S-3 form on 5/8, intending to convert its Zcash trust into the first privacy coin spot ETF. ZEC is priced at approximately $597, with an annual increase of over 1,400%.