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Grayscale’s Zcash ETF Tops $500M, but $100M Came From a DCG Affiliate
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: Grayscale said its Zcash ETF passed $500 million in assets two weeks after listing. A regulatory filing shows $100 million of that arrived from a company affiliated with the fund’s own sponsor. What the Filing Actually Says Grayscale told followers on Sept. 8 that the world’s only Zcash fund had surpassed $500 million in assets […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Self-funded portion raises questions on organic demand for Zcash ETF.