🚀 Is the U.S. privacy-coin ETF debut a banger—does ZEC have a turnaround in store? 1️⃣ Grayscale is reviving its “golden touch” myth again—Grayscale has filed to convert the Zcash trust into a spot ETF. Is everyone familiar with this kind of move? Back then, Bitcoin and Ethereum also took the same path. If this can truly get approved, it would be the first privacy-coin ETF in U.S. history, with significance no less than the moment the Bitcoin spot ETF was approved. 2️⃣ Big-name institutions are publicly “selling” it—Multicoin Capital has gone fully transparent: they’ve been quietly building positions in ZEC since February. Their logic is pretty interesting: if the U.S. ever starts pushing some kind of “wealth tax,” scrutinizing everyone’s wallets, then something like ZEC—an asset that can “hide” accounts on a mathematical level—would be an absolute necessity. 3️⃣ Official verification: case closed. The SEC wrapped up its long-term review of Zcash in early 2026; in the end, they found nothing wrong and issued no fines. This is essentially like receiving an official “not guilty” certificate—when it comes to regulatory risk, a large chunk of the stones have finally landed.