Zcash surged 66 % in one week to reach a peak of $855, a level not seen in eight years, pushing its market cap to $13.8 billion. This rally was triggered by Grayscale filing a fifth amendment with the SEC to convert its Zcash Trust into a spot ETF listed on NYSE Arca. Ethereum is now consolidating between $2,420 and $2,500 after a 29 % rally, its highest in four months. US Ethereum ETFs attracted $221 million on August 20, their best session since late October 2025. The move is part of a broader rally driven by Bitcoin, which just crossed $80,000 for the first time since May.
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