Grayscale Reports Zcash Market Cap Growth to 1.5% of Bitcoin

Grayscale reports that Zcash (ZEC) market cap grew from 0.1% to 1.5% of Bitcoin's (BTC) market cap over the past year, with ZEC prices rising from approximately $60 to $1,500. The report attributes this growth to increasing demand for financial privacy and shielded transactions. Additionally, Grayscale converted its Zcash Trust into an ETF (ZCSH) on NYSE Arca on August 25, 2026, to eliminate premiums and discounts to net asset value.