Grayscale Zcash ETF Surpasses $1 Billion Assets in First Month

Key Facts

1The Grayscale Zcash ETF gathered more than $1 billion in assets during its first 30 trading days.

2The fund ranks among the top 1% of ETFs launched over the past decade by first-month assets.

The Grayscale Zcash ETF gathered more than $1 billion in assets during its first 30 trading days. TokenPost reported that the fund ranks among the top 1% of ETFs launched over the past decade when measured by first-month asset accumulation.

This significant capital inflow occurred despite recent volatility in the underlying asset. Krista Lynch, Managing Director at Grayscale, noted that the early demand highlights investor appetite for crypto exchange-traded products beyond Bitcoin and Ether.