✨️✨️ GRAYSCALE'S ZCASH ETF JUST HIT $1 BILLION IN AUM

Grayscale's Zcash ETF, ZCSH, has now crossed the $1 billion AUM mark just one month after launching on NYSE Arca.

The milestone comes as ZEC has exploded higher, pushing the value of the fund's existing holdings up sharply alongside fresh inflows.

Grayscale says Zcash is among the assets "defining the next era of digital finance," highlighting the growing institutional interest around privacy focused assets.

But there's an important detail, the $1B AUM figure isn't the same as $1B of new investor money. The fund had existing ZEC holdings when it converted to an ETF, while ZEC's price surge has also significantly increased its asset value.

$1B AUM in a month. Zcash is officially getting serious institutional attention.

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