Grayscale has taken another step toward launching a spot Zcash ETF in the United States after updating its registration paperwork with the U.S. Securities and Exchange Commission (SEC). The asset manager filed Amendment No. 4 to its Form S-3 registration statement, bringing the proposed Grayscale Zcash ETF closer to a potential NYSE Arca listing. Grayscale plans to convert the existing Grayscale Zcash Trust into a spot exchange-traded fund that would provide investors with exposure to the ZEC price without directly holding the privacy-focused cryptocurrency. If approved, shares would trade on… Read more
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