Grayscale Managing Director Krista Lynch announced that the Grayscale Zcash Trust ETF has reached $1 billion in assets, marking a significant milestone that suggests growing institutional interest in privacy-focused crypto assets beyond Bitcoin and Ethereum. This milestone indicates a potential shift in the crypto ETF market, showing that niche products can attract substantial investment despite regulatory uncertainties around privacy coins like Zcash. The SEC's ongoing review of crypto ETF filings and faster approval processes will be key to how quickly more specialized crypto ETFs can enter the market. Investors should note that while the $1 billion figure highlights growing demand, it does not guarantee future performance or regulatory outcomes for privacy-coin ETFs.
As of Oct 08, 2026 21:20 WIB, Zcash (ZEC) trades at Rp21.696.675 on Pluang with a 1-day change of -8.46%, reflecting notable price movement alongside its $1 billion ETF milestone. Bitcoin (BTC) and Ethereum (ETH) also show declines, with BTC down 0.72% at Rp1.477.689.426 and ETH down 1.36% at Rp45.227.085. ZEC's market cap stands at Rp7,04 trillion, highlighting its growing presence in the crypto market.
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