Grayscale files to convert Zcash Trust into first U.S. spot privacy coin ETF on NYSE Arca
first published 2026-05-24T14:00:00Z
Grayscale filed Form S-3 on May 12, 2026 to convert its Zcash Trust into a spot ETF that would trade on NYSE Arca under ticker ZCSH. The ETF would hold ZEC in Coinbase custody, and the filing comes after the SEC closed its Zcash Foundation probe in January 2026, removing a major securities-law overhang. If approved, it would be the first U.S. spot ETF for a privacy coin and could draw institutional inflows.
AI Analysis
The filing is a concrete step toward a first U.S. spot ETF for ZEC, with transparent custody and a removed SEC overhang. The article also says approval could attract significant institutional inflows.
Expected Investor Sentiment: Bullish
Potential Market Impact: High
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