Zcash News Today: Grayscale's Zcash ETF Ignites Discussion: Privacy Trailblazer or Competitor to Bitcoin?
- Grayscale files first U.S. Zcash ETF, leveraging ZEC's 1,000% price surge and privacy-focused zero-knowledge proofs. - Zcash's "selective privacy" features attract investors like Winklevoss twins, who call it "encrypted Bitcoin" for private transactions. - Critics warn Zcash could fragment Bitcoin's market dominance, while skeptics dismiss hype as fabricated marketing claims. - Grayscale's strategy shifts toward tokenized infrastructure assets, positioning Zcash alongside Dogecoin/XRP in expanding ETF po
Grayscale Investments has submitted an application to introduce the first U.S.-listed exchange-traded fund (ETF) centered on
The ETF proposal highlights Zcash's rising acceptance in mainstream finance, especially as interest in zero-knowledge encryption grows. In its submission, Grayscale pointed out that Zcash stands apart from Bitcoin by providing "optional privacy-enhancing capabilities," allowing users to conceal transaction information through zero-knowledge proofs
Nonetheless, Zcash's rapid ascent has also sparked some worries. Bloomberg ETF analyst Eric Balchunas compared Zcash to a "third-party candidate" in a market dominated by Bitcoin,
Grayscale's Zcash ETF fits into its broader push into tokenized finance, where it has also positioned
The possible approval of the Zcash ETF comes at a time when the broader crypto market is experiencing a downturn,
As the SEC evaluates Grayscale's proposal, debate around Zcash continues. Supporters highlight its importance for privacy in a world of increasing surveillance and AI-powered data analysis
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump’s Entire Crypto Portfolio Sits on Ethereum, New Data Shows
Quick Take Summary is AI generated, newsroom reviewed. Arkham snapshot reveals an $8.3M ETH-only allocation. Trump-linked wallets historically held 92–95% ETH. Community views ETH as a leading global settlement layer. The move reinforces Ethereum’s growing dominance in 2025.References X Post Reference
Bitcoin & Ethereum ETFs Surge With $207M Inflows, XRP ETFs Impress
Quick Take Summary is AI generated, newsroom reviewed. Bitcoin ETFs recorded $129M in inflows on Nov 25. Ethereum ETFs added $78M, signaling strong institutional confidence. Total crypto ETF inflows hit $207M in one day. XRP ETFs debuted strongly, led by Grayscale’s GXRP.References X Post Reference
Bitcoin Treasury Firm DDC Jumps 22% as Company Adds 100 BTC to Treasury During Market Pullback
Bitcoin and Ethereum Stall as Traders Brace for Holiday Volatility