Grayscale launches first Zcash ETF with direct ZEC exposure
Grayscale has launched the first exchange-traded fund offering direct exposure to Zcash, bringing the privacy-focused cryptocurrency to NYSE Arca under the ticker ZCSH.
Grayscale said Tuesday that the Zcash (
$ZEC ) ETF began trading as a conversion of its existing Grayscale Zcash Trust, giving investors access to ZEC through an exchange-traded product without requiring them to directly hold the cryptocurrency.
The fund carries a 2.5% annual sponsor fee. A Grayscale spokesperson said revenue collected from the fee will be directed bac