Grayscale’s Zcash ETF Starts Trading on NYSE Arca With a 2.5% Sponsor Fee

Grayscale’s Zcash fund began trading on NYSE Arca as the Zcash ETF (ZCSH) this Tuesday, August 25, billed by the firm as the first exchange-traded product in the world to offer spot exposure to Zcash (ZEC) and carrying a sponsor’s fee of 2.5% a year.

ZCSH’s predecessor launched as a private placement in October 2017, and its shares have been quoted on OTCQX since October 2021. The registration statement went effective on August 24, NYSE Arca certified the listing the same day, and the fund shed the Grayscale Zcash Trust name in the process.

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The final prospectus also fills in the fee rate, a line that was still blank when CryptoPotato covered the August 18 amendment disclosing contribution talks with a Digital Currency Group (DCG) unit last week.

“As AI reshapes how financial activity can be monitored, we believe demand for genuine financial privacy will only grow. With ZCSH, Grayscale is building on its history of industry firsts by giving investors a way to gain exposure to one of the market’s leading privacy-focused assets,” said Steve Vanourny, Head of Index at Grayscale.

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