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Grayscale updates Zcash ETF filing as DCG unit weighs $110M ZEC buy Grayscale has filed its fourth amendment to convert the Zcash Trust into an exchange-traded fund while disclosing that a Digital Currency Group subsidiary is considering an investment representing about 200,000 ZEC, currently worth roughly $110 million. 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.#BTCBreaks71000Up10.5% #ETHSurges20%BreaksThrough2300 #BTCETHReboundTradeIdeas #USTreasuryBuybacksAndRegulatorySignalsDriveCryptoSurge #StrategySurgesNearly12% $ZEC