Grayscale Zcash ETF Launch Drives ZEC to Eight-Year High
Zcash (ZEC) surged to an eight-year high above $850 in late August 2026 after Grayscale filed a fifth amended SEC registration to convert its Zcash Trust into a spot ETF (ZCSH) on NYSE Arca. The ETF, with a 2.5% sponsor fee, began trading on August 25, 2026, holding 387,849 ZEC. The rally—over 66% weekly—was fueled by the ETF news, a broader crypto market upswing tied to Treasury bond-buyback announcements, and short liquidations. ZEC had previously crashed from $630 to $250 in June 2026 after a security flaw in its shielded pools was disclosed and patched.