Greyscale Zcash spot ETF ZCSH in Arca, NYU

On 25 August, the Zcash spot ETF ZCSH was officially registered at the New York Stock Exchange Arca, the world ' s first trade product to provide only Zcash (ZEC) spot. The product was preceded by a greyscale Zcash Trust, which was privately raised in October 2017, to help investors configure digital assets other than BTC, ETH through traditional voucher dealers. Steve Vanourny, Officer-in-Charge of the Greyscale Index Operations, stated that Zcash had a network history of nearly 10 years, 21 million currency caps and POW mechanisms, with optional privacy functions that were not available in Bitcoin, and positioned ZCSH as a high-risk satellite warehouse in the investment portfolio. At the same time, Zcash ' s previous exposure to privacy system loopholes remains a market concern. In May this year, researchers discovered the risk of falsifying the Orchard privacy pool; the projecter pushed the patch in June, activated the Ironwood upgrade in July, replaced the gap privacy pool and added supply accounting rules. Grayscale says that the follow-up will follow up on the Ironwood upgrade, cyber security, exchange support and privacy asset control policy。