Zcash Price Hits 8-Year High as Grayscale ETF Gets Closer

Share

Zcash (ZEC) climbed to an 8-year high on Saturday after Grayscale filed a fifth amended registration with the SEC for its proposed Zcash ETF. The amendment sets the annual fee at 2.5% of NAV, with shares set to list on NYSE Arca under ticker ZCSH. Amid a broader crypto market rally, ZEC gained 34% in 24 hours, crossing $800 for the first time since January 2018 with an intraday high of $857. Coinbase Custody Trust Company would hold the trust’s tokens while Bank of New York Mellon serves as transfer agent and administrator.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles