Post

Continuing to track the recently hot $ZEC, Grayscale has submitted the fifth revised registration of the Zcash Trust to the SEC. If approved, it could become the first spot Zcash ETF product in the United States. Although approval is still some way off, this again confirms what Ajian mentioned earlier—that privacy assets are moving from a fringe narrative into traditional securities accounts. Currently, privacy coins still face multiple pressures from exchanges, AML, and policy reviews. Entering an ETF may concentrate regulatory attention, but it can also improve access for allocation. I am very much looking forward to seeing what the next step will be for $ZEC, this recently outstanding and volatile coin.