Grayscale Zcash ETF assets under management surpass $500 million
Grayscale's Zcash ETF (ZCSH) has reached over $500 million in assets under management two weeks after its launch on the NYSE Arca. The fund has seen over $70 million in inflows and received a $100 million investment from DCG International Investments, currently holding approximately 3% of the circulating ZEC supply. Meanwhile, the broader crypto market remains focused on upcoming U.S. inflation data and the Federal Reserve's September interest rate decision.
Summaries are written by AI from the original article. Not investment advice.