Grayscale files fifth amended SEC application for a Zcash spot ETF (ticker ZCH) on NYSE Arca, with 2.5% fee and Coinbase Custody backing.
Regulation & Gov ·
Grayscale filed its fifth amended application with the Securities and Exchange Commission seeking approval for a spot Zcash exchange-traded fund on NYSE Arca under the ticker symbol ZCH, according to regulatory documentation. The product, branded "The Zcash ETF," carries a 2.5% management fee and would operate with Coinbase Custody handling asset safekeeping and BNY Mellon serving as transfer agent.
The filing represents a conversion pathway for Grayscale's existing Zcash Trust, which holds more than $260 million in assets. Rather than launching a wholly new fund structure, the amendment proposes transforming the current trust vehicle into an exchange-traded format, allowing shareholders to gain potential direct exposure to the privacy-focused cryptocurrency through traditional brokerage accounts.
Whether the SEC will greenlight the application and on what timeline remain unconfirmed. The filing does signal institutional appetite among established asset managers to bring alternative cryptocurrency exposure—beyond the dominant Bitcoin and Ethereum—into regulated investment vehicles accessible to retail and institutional investors.