Key facts: Grayscale files for Zcash Trust spot ETF; regulatory issues noted
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- Grayscale has filed to convert its Zcash Trust into a spot ETF, potentially the first for a privacy coin. The Trust manages over $196 million in assets.12
- Grayscale's filing points out regulatory issues faced by Zcash, including delistings in late 2023 and early 2024 due to increased scrutiny on privacy coins.3