Grayscale has moved a step closer to launching its spot Zcash ETF on NYSE Arca after filing a fourth amendment to its Form S-3 registration statement with the US Securities and Exchange Commission (SEC). The proposed Grayscale Zcash ETF would track ZEC and trade under the ticker ZCSH. The filing comes as Zcash gains attention from traders, with ZEC rising 10.44%, in the 24 hours till the time of writing, to around $561.67. The latest update also provides new details on how shares would be created and redeemed once the proposed ETF becomes operational.
The proposed fund would be created by converting the existing Grayscale Zcash Trust into a spot exchange-traded fund. Grayscale has not yet disclosed the management fee or any potential fee waiver for the product, which would be among the first US ETFs to offer direct exposure to a privacy-focused cryptocurrency.
One notable change in the latest filing concerns the creation and redemption of ETF shares. Grayscale said the fund would primarily use cash orders for both processes. An in-kind creation option would remain available, but the updated language makes clear that the trust would not permit in-kind redemptions.
The filing also says the sponsor is in discussions with DCG International Investments Ltd, an indirect wholly owned subsidiary of Grayscale parent Digital Currency Group. Under a possible contribution arrangement, the company could acquire shares through an authorised participant in exchange for 200,000 ZEC tokens. The discussions are currently non-binding.
At the time of writing, ZEC was trading at around $561.67, up 10.44% over the past 24 hours, according to the latest CoinMarketCap data. Its 24-hour trading volume stood at about $725.21 million, showing strong market activity as traders reacted to Grayscale’s latest filing for its proposed Zcash ETF. CoinMarketCap data also shows ZEC continuing to benefit from the broader crypto market rally and growing expectations around the potential ETF launch.
On the technical side, ZEC has moved decisively above the $520-$525 area that had previously acted as resistance. CoinMarketCap’s latest analysis identifies this zone as an important support area for the next move. If ZEC holds above it, the price could target the $580-$600 region. A fall back below the $520-$525 zone, however, could put the $500 level back in focus.
The derivatives market is showing mixed signals. CoinGlass data cited in the original report showed total ZEC futures open interest rising 1% over 24 hours, while open interest fell 3.90% on Binance. At the same time, it increased nearly 9% on Hyperliquid, 3.40% on OKX and 2.18% on KuCoin. These figures suggest that traders across major derivatives platforms are taking different positions as ZEC gains momentum following the Grayscale ETF development.
The latest SEC filing does not guarantee that the ETF will launch, but it represents another step in Grayscale’s effort to bring Zcash exposure to the US spot ETF market. If approved and launched, ZCSH would give investors a regulated market product through which to gain exposure to ZEC without directly holding the cryptocurrency.
🚨BREAKING: Grayscale Moves Closer to Launching Zcash ETF on NYSE Arca
Grayscale just filed Amendment No. 4 to its S-3 for the Zcash ETF, inching closer to listing on NYSE Arca under ticker “ZCSH.”
Key updates:
🔸Creations/redemptions mainly via cash (in-kind creations ok, but… pic.twitter.com/FPUFz8Rivi— Rednirav (@CryptoRednirav) August 19, 2026
Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV
You need to login in order to Like
Leave a comment