Grayscale's Zcash ETF swells to $724M, now its biggest fund beyond Bitcoin and Ether
Grayscale's Zcash ETF just became the firm's heavyweight outside Bitcoin and Ether. ZCSH held $724M in assets as of Oct. 31, with its share count jumping 54.2% from Aug. 25 to Oct. 30, according to CoinDesk. That's enough to leapfrog Grayscale's Hyperliquid and Solana funds.
Grayscale's Zcash ETF (ZCSH) has climbed the ranks of the asset manager's lineup. The fund held $724M in assets as of Oct. 31, per CoinDesk, making it Grayscale's largest single-asset ETF outside its Bitcoin and Ether products. It got there by passing the firm's Hyperliquid and Solana funds.
The growth was steady and steep. ZCSH's share count rose 54.2% between Aug. 25 and Oct. 30, according to CoinDesk — a sign investors kept buying into the privacy-coin wrapper through the fall.
Zcash is a privacy-focused cryptocurrency, and Grayscale packages it as a publicly traded ETF vehicle under the ZCSH ticker. The fund now sits in rare air within Grayscale's roster, trailing only the two giants tied to Bitcoin and Ether.
The milestone puts a spotlight on demand for exposure beyond the two biggest crypto assets. Grayscale's other single-asset funds, including those tracking Hyperliquid and Solana, now sit behind Zcash in size.
CoinDesk has more on the numbers and the fund's rise.
TopicsGrayscale · Zcash · ZCSH · Hyperliquid · Solana · Bitcoin · Ether · CoinDesk
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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