Grayscale’s Zcash ETF Starts Trading on NYSE Arca With a 2.5% Sponsor Fee
Share:
Grayscale’s Zcash fund began trading on NYSE Arca as the Zcash ETF (ZCSH) on August 25, offering spot exposure to Zcash (ZEC) with a sponsor's fee of 2.5% per year. The vehicle converted from a private placement launched in October 2017 and quoted on OTCQX since October 2021 after its registration went effective and listing was certified on August 24, marking a regulated ETF token launch and broader crypto adoption for ZEC.
Predictions Markets
See what traders are focused on
Grayscale’s Zcash fund began trading on NYSE Arca as the Zcash ETF (ZCSH) this Tuesday, August 25, billed by the firm as the first exchange-traded product in the world to offer spot exposure to Zcash (ZEC) and carrying a sponsor’s fee of 2.5% a year.
ZCSH’s predecessor launched as a private placement in October 2017, and its shares have been quoted on OTCQX since October 2021. The registration statement went effective on August 24, NYSE Arca certified the listing the same day, and the fund shed the Grayscale Zcash Trust name in the process.
Predictions Markets
See what traders are focused on
Share:
Predictions Markets
See what traders are focused on
Share:
Read More
Grayscale’s Zcash Spot ETF Debuts With $14.8M Volume, Closes Down 1.5%
