Overview
- Grayscale submitted a Form S-3 to the SEC on Nov. 26 to advance converting its Grayscale Zcash Trust into a publicly listed exchange-traded fund.
- Upon effectiveness and exchange listing, the vehicle would be renamed Grayscale Zcash Trust ETF (ZCSH) and operate like an ETF.
- Grayscale described the filing as an important step required to launch the first ZEC exchange-traded products.
- The proposed ETF would provide exchange-based exposure to Zcash, which uses zero-knowledge cryptography to enable selective transaction privacy.
- The registration remains subject to SEC review and listing approval, aligning with Grayscale’s broader push to expand beyond trust structures.