Grayscale's Zcash ETF Begins Trading on NYSE Arca as ZEC Rallies to a Multi Year High

The Zcash ETF, ticker ZCSH, built by Grayscale, began trading on NYSE Arca on Monday, 3 Shahrivar 1405 (August 25, 2026), becoming the first US exchange traded fund with direct exposure to the privacy focused cryptocurrency Zcash (ZEC). The product converts Grayscale's private Zcash Trust, which had operated since October 2017, into a redeemable exchange traded vehicle; Grayscale filed for the conversion with the US Securities and Exchange Commission in November 2025 (Aban 1404). The fund launched holding about 387,000 ZEC, worth roughly 313 million dollars, and charges a 2.50 percent annual fee, with Coinbase as custodian and BNY as administrator.

The launch followed Zcash's Ironwood network upgrade in July 2026 (Tir 1405), which replaced the network's older anonymous transaction system after a security vulnerability in that system was discovered in May 2026 (Ordibehesht 1405) and patched the following month. Steve Vanourny, Grayscale's head of indexes, said investors increasingly want access to digital assets beyond Bitcoin and Ether through standard brokerage accounts. Per Sahmino's own price data, Zcash was trading around 866 dollars on the evening of Sunday, 8 Shahrivar 1405 (August 30, 2026), up nearly 90 percent over the past month.