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Grayscale CEO Peter Mintzberg said on X that the Zcash ETF, ZCSH, has tripled its assets under management since its Aug. 25 launch, local time. Mintzberg said growing investor interest in privacy-focused assets has also expanded demand for ZEC-related investments.
According to Mintzberg, ZCSH became the first altcoin exchange-traded product to surpass $1 billion in assets under management within its first month after launch. Grayscale currently holds 550,000 ZEC.