Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz

Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz

Zcash Jumps 38% Past $800 as Grayscale ETF Filing Lands

Why Did Zcash Surge Above $800? Zcash surged past $800 for the first time since 2018 on Saturday, with heavy derivatives activity and Grayscale’s latest spot ETF filing adding fuel to a rally that pushed the privacy-focused cryptocurrency up about 38%. ZEC traded between roughly $589 and $851 over a 24-hour period, a swing of about 45%. The advance carried the token above its January 2018 peak near $800 and the roughly $750 level reached last No…

Zcash Jumps 48% Above $800 as Grayscale Spot ETF Push Fuels 'Next Bitcoin' Buzz

Zcash (ZEC) surged past $800 in a roughly 48% single-day move, with the rally coinciding with Grayscale's push to convert its Zcash exposure into a spot exchange-traded product, a catalyst stack that has revived "next bitcoin" comparisons around the privacy asset.Read more...

Grayscale Files for ZEC ETF as Zcash Surges 42% Past $800

Grayscale has moved to launch a spot ZEC ETF, and Zcash answered with a violent rally, surging 42% past the $800 mark as the filing news hit the market. What Grayscale’s ZEC ETF Filing Means for Zcash Grayscale filed to convert its Zcash exposure into a spot ETF, a product that would track ZEC directly and let investors gain exposure through a regulated wrapper rather than holding the token themselves, according to reporting from Crypto Briefing…

Zcash Surges 30% As Grayscale ETF Filing And Mining Deal Lift ZEC

Zcash surged almost 30% to $788 on Saturday, extending its seven-day advance above 60% and taking ZEC to more than three times the sub-$250 levels reached during the April market selloff. The privacy-focused cryptocurrency traded as high as $848.65 over the past 24 hours, while trading volume jumped 263% to $2.52 billion. Its market capitalization climbed to roughly $13.3 billion, pushing Zcash to No. 11 among cryptocurrencies by market value. G…

Zcash price jumps 17% as Grayscale advances ZCSH listing plan

Zcash price jumped 17% towards $680 as Grayscale advanced its ZCSH listing and disclosed a potential 200,000 ZEC contribution.