Zcash topped $1,000 as Grayscale ETF hit $414.7 million in assets, CryptoSlate reports
CryptoSlate says ZEC’s rally, rather than inflows, drove most of the growth in Grayscale’s ZCSH ETF. The fund’s holdings increased from 387,849 ZEC to 428,613 ZEC.
TLDR
CryptoSlate reported on September 5 that Zcash had broken $1,000 as Grayscale’s ZCSH ETF reached $414.7 million in assets less than two weeks after launch. The publisher said most of that asset growth came from ZEC’s rally, not inflows, while the fund’s holdings increased from 387,849 ZEC to 428,613 ZEC.
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