[Breaking] Grayscale's Zcash Trust has just submitted an S-3 registration statement to the SEC, with file number 333-291800 prominently displayed! This financial giant from Stanford, Connecticut has officially brought privacy coins into the realm of compliance, and the date November 26, 2025 is destined to be recorded in the history of cryptocurrency. As traditional financial institutions begin to 'suit up' for privacy coins, and every transaction gains legal status within the SEC's regulatory framework, we are witnessing a silent financial revolution. This is not only a milestone for $ZEC but also a breakthrough moment for the entire privacy sector—the doors to institutional funds are about to open for privacy assets like Monero and Dash. Regulation and privacy are not inherently opposed; Grayscale has demonstrated through this 23-page registration document that the path to compliance can be so clear. The capital flow on Wall Street is changing direction, and privacy technology, which once wandered in the gray area, is about to become a compliant asset for institutional investors. This financial experiment, which began on the dark web, is now completing its coming-of-age ceremony in New York's skyscrapers. $ETH $SOL #加密市场反弹 #美国非农数据超预期