I am a Spot Trader since 2018-19 | News | SCAM awareness | Only Organic followers | Privacy coins are important to prevent hacked by Quantum Computers.
Zcash shocks the market as Grayscale’s ETP filing creates a ‘GBTC 2.0’ moment
The biggest story in Zcash today isn’t the price — it’s the trust discount forming around ZCSH. A fresh 20% gap between the Zcash trust and real $ZEC value has suddenly put traders on alert.
Delphi Digital’s Simon Shockey says this setup looks exactly like the early GBTC phase, where funds made huge profits buying discounted shares before ETF approval. He warns the same pattern may now be forming around ZEC.
Grayscale has officially filed to convert the Zcash trust into an exchange-traded product. That’s the trigger point. If regulators approve redemptions, the discount should tighten fast — the same way GBTC’s discount disappeared as ETF approval became unavoidable.
The math is simple: ZCSH traded near $33.50 while NAV sat around $41. With each share representing 0.0817 ZEC, investors are effectively getting exposure at ~$410 per ZEC while spot trades far higher.
Shockey says the clean trade is the discount closing. The second upside comes if ZEC rerates during the approval window — something GBTC never offered early on. New institutional pools, who cannot hold ZEC directly, may add even more pressure.
Narratives are helping too. Bitcoin’s privacy limitations are trending again. Quantum-risk debates are rising. Even major fund leaders are openly calling ZEC a “privacy hedge.”
Shockey sums it up simply:
If ZEC is absorbing the role Bitcoin stepped away from, ZCSH becomes the cleanest vehicle — with a discount that disappears the moment approval hits.
So, just a few hours ago Binance Founder Changpeng #CZ Zhao finally spoke up$BNB . No targets, though he was straight up: the price can go wherever it wants in the short term, but what really matters is what gets built, who is delivering it and how much real usage there is.
Hey traders, the December rate-cut odds jumps to 85%, according to Kalshi traders.After this, $BTC already starts to move upwards showing that 100k is near.
Fam - Arthur Hayes again posted something interesting $MON , so yes keep your eyes on it closely ! and tell me it is possible #Monad to $10 ? {future}(MONUSDT)
Reliance Global Group moved its entire digital asset portfolio into $ZEC 👏 "Many in Silicon Valley believe it's the earliest days for $ZEC , and the case is compelling," Janover said.
$ZEC ETF Filing from Grayscale.👏 Grayscale's bold move could open the door for easier Zcash investment!🚀 Grayscale is looking to convert its #zec Trust into a Zcash ETF, expanding regulated investor access to the privacy-focused cryptocurrency $ZEC . The SEC filing aims to provide broader exposure to Zcash through a publicly traded fund, signaling growing institutional interest. The new ETF, tentatively named Grayscale Zcash Trust ETF (ZCSH), will operate similarly to other ETFs. This move could bring increased visibility and accessibility for Zcash, potentially boosting its profile in the crypto market.
$TAO now sits on the Gainer list. #TAO is now at the edge, I think from now a short term upward momentum seemed to be happen, then the pullback continues. If $TAO goes again below the $300, then don't miss it that price level.
What the #zec Chart Is Saying The 4H chart looks wild. $ZEC briefly dipped under its ascending trendline — a classic stop-hunt move that washed out weak hands — before snapping right back above the line. According to analyst Ardi, this is a “busted ascending triangle,” where price fakes a breakdown, grabs liquidity, then reverses with even more force.
Now $ZEC is powering toward the $750 resistance zone, a level it failed to break twice earlier this month. If it pushes through, momentum could explode. If not, the rising trendline below becomes the key support.