Breaking: Grayscale Files S-3 to Convert Zcash Trust Into Spot ETF 🚀
Grayscale has initiated an S-3 registration with the U.S. Securities and Exchange Commission (SEC), aiming to transform its existing Zcash Trust into a spot Zcash exchange-traded fund (ETF). This move highlights a pivotal moment in incorporating privacy-focused cryptocurrencies like Zcash into the regulated ETF market.
The conversion of Zcash Trust to a spot ETF by Grayscale is seen as a significant milestone, signaling broader acceptance and integration of privacy-related cryptocurrencies in regulated financial markets.
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