#ZcashTrend

ETF Momentum (Bullish Impact)

Grayscale submitted a request to convert its Zcash Trust into the first spot ETF in the U.S. for ZEC on November 26. If approved, the shares will trade on NYSE Arca under the symbol ZCSH, which will open regulated exposure to traditional investors.

What this means: ETFs typically increase liquidity and legitimacy. The volume of ZEC in 24 hours surged to $1.26 billion (+26.8%), indicating anticipation. However, approval is not guaranteed: the SEC has historically opposed privacy-focused ETFs.

Watch: SEC response timeline and Grayscale updates.