The ZCSH ETF, converted from Grayscale’s Zcash Trust, begins trading on NYSE Arca with a 2.5% management fee.
Grayscale launched the first US-listed Zcash exchange-traded fund, ZCSH, on NYSE Arca after converting its existing Zcash Trust. The ETF holds approximately $314 million in assets under management and 387,200 ZEC tokens, with a 2.5% annual management fee.
Prior to conversion, the trust operated as an over-the-counter product. Grayscale stated that management fee revenue for the first 12 months will support the Zcash ecosystem and fund product marketing efforts.
The launch marks the first US ETF focused exclusively on Zcash, expanding access to the privacy-focused cryptocurrency for mainstream investors.