1140% surge + ETF application, DCG heavily bet on it—are we about to see spring for privacy coins?

Some early Bitcoin supporters and crypto investors are refocusing on privacy coin Zcash, as its privacy features align more closely with early principles. It has increased about 50% in the past month, with a 1,140% rise last year, and a market cap of approximately $8.9 billion. DCG has listed it as one of its largest holdings, and Grayscale has applied to convert its trust into an ETF. However, its shielded addresses can hide both the transaction parties and amounts, which may lead to misuse and regulatory controversy.