Grayscale Launches First Zcash ETF on NYSE Arca

Grayscale Investments has launched the first exchange-traded fund offering direct exposure to the privacy-focused cryptocurrency Zcash, converting its long-running trust into a publicly traded product on the NYSE Arca exchange. The fund, trading under the ticker ZCSH, began trading on Tuesday, August 25, 2026, marking a significant milestone for the digital asset and the broader market for cryptocurrency investment vehicles.

The new ETF is a conversion of the Grayscale Zcash Trust, which was originally established as a private placement in October 2017. The transition allows investors to gain exposure to Zcash (ZEC) through traditional brokerage accounts without needing to directly purchase, store, or safeguard the cryptocurrency. The fund carries a 2.5% annual sponsor fee, with Grayscale stating that revenue from this fee will be directed back into the Zcash ecosystem to support network development and other initiatives.

The launch follows a regulatory process that began with Grayscale's filing of a Form S3 registration statement with the U.S. Securities and Exchange Commission in May. The SEC registration confirmed the vehicle's name change to The Zcash ETF on August 24, and...