Wu Blockchain (@WuBlockchain): Grayscale Launches First U.S. Zcash ETF ZCSH, Now Listed on NYSE Arca
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Grayscale Launches First U.S. Zcash ETF ZCSH, Now Listed on NYSE Arca Grayscale launched the Zcash ETF (ZCSH) on Aug. 25, with the product now trading on NYSE Arca. Converted from the Grayscale Zcash Trust, it is the first U.S. exchange-traded product focused on ZEC. As of Aug. 24, ZCSH had about $314 million in assets under management and held roughly 387,200 ZEC, with a 2.5% management fee. Grayscale said management fee revenue for up to 12 months following the effectiveness of the registration statement will be used to support the Zcash ecosystem and product marketing.