Grayscale Files to List First Zcash ETF in the U.S. Amid 1,000% Rally

Source: CryptoNewsNet Original Title: Grayscale Files to List First Zcash ETF in the U.S. Amid 1,000% Rally Original Link: https://cryptonews.net/news/altcoins/32049905/ Grayscale is moving to list the first U.S. exchange-traded fund (ETF) tracking Zcash, a once-niche privacy coin that has surged into the crypto mainstream in 2025.

The firm filed an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) Wednesday morning, seeking to convert its existing Zcash Trust into a spot ETF. The move mirrors Grayscale’s strategy with other products like its Bitcoin Trust, which was the first to be converted into an ETF in 2024.

If approved, the fund would be the first Zcash ETF in the U.S. and a signal that investors are paying closer attention to privacy-preserving crypto assets, particularly in a year when broader markets have struggled.

Zcash has climbed more than 1,000% year-to-date and is up 40% in the last month alone, outperforming both bitcoin and ether. Once viewed as an experimental privacy tool, Zcash has steadily evolved into what some see as functional digital cash.