Grayscale’s spot Zcash ETF listed on NYSE Arca has surpassed $914 million in net assets in less than a month since launch, a threefold increase from the initial $304 to $313 million. The ZEC price has surged above $1,500 with intraday highs touching $1,600. Cumulative net inflows range between $233 million and $271 million, including a significant contribution of 85,705 ZEC from parent company DCG. The fund now holds 596,269 ZEC, representing approximately 3.5% of Zcash’s total supply, with a 2.5% expense ratio. Trading volume exceeded $11 billion shortly after the ETF went live.
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