Grayscale filed a Form S-3 with the SEC on May 12, 2026, to convert its existing Zcash Trust into a spot exchange-traded fund (ETF) trading on NYSE Arca under the ticker ZCSH. This ETF would be the first U.S. spot ETF for a privacy coin, enabled by the SEC's closure of its Zcash Foundation probe in January 2026, which removed a major regulatory barrier. The fund would hold actual ZEC tokens in transparent custody at Coinbase, allowing institutional investors access to Zcash without using its privacy features directly. Approval is expected by Q3 2026, potentially unlocking $500 million to $2 billion in new institutional demand, significantly impacting ZEC's market dynamics and setting a precedent for privacy coin ETFs in regulated markets.
The global cryptocurrency market rebounded after US President Trump's announcement of a largely negotiated peace deal with Iran, easing geopolitical tensions. Bitcoin surged above $75,000, driving the market's bullish momentum, while altcoins outperf...
In the past 48 hours, nearly $954 million in crypto long positions were liquidated amid market volatility, yet ZCash (ZEC) maintained a strong bullish trend. The token broke out of a short-term range, supported by steady buying pressure and capital i...
Bitcoin recovered from a one-month low after US-Iran peace deal hopes eased market fears, pushing BTC back toward $77,000. Earlier, hawkish Fed comments had driven Bitcoin below $77,000 amid fears of rate hikes and economic risks. Meanwhile, altcoins...
A pseudonymous trader named Evaded secured $4.6 million in profits by closing long positions in HYPE, ZEC, and ETH. Immediately after, the trader opened a large short position of 990 bitcoins worth about $74.84 million on Hyperliquid, which had alrea...
On Bitcoin Pizza Day, Bitcoin's price briefly rose to $77.8k, pushing the altcoin market cap above $1 trillion. However, this momentum was short-lived as a crypto market sell-off followed, causing most altcoins to decline. Only a few tokens, includin...
