Home / Business and Economy / Zcash ETF Hits $1B But New Cash Halts
Zcash ETF Hits $1B But New Cash Halts
27 Sep
Summary
- Grayscale's Zcash ETF holds nearly $1 billion in assets.
- Only $306 million comes from new investor capital.
- Net inflows have been zero for three consecutive days.
Grayscale's Zcash ETF, launched on August 25, 2026, now holds approximately $996 million in assets as of September 25, 2026. Critically, only $306 million of this total represents new capital invested by clients.
The remaining value is attributed to pre-existing Zcash (ZEC) holdings from Grayscale's Zcash Trust and significant price gains in ZEC. The trust had held ZEC since October 2017.
Despite recent positive developments for Zcash, including Ledger's support for shielded transactions and research into shielded Bitcoin payments, the ETF experienced zero net inflows for three consecutive days from September 23 to September 25, 2026.
The ETF's substantial valuation is contingent on Zcash maintaining a price above $1,443, a level representing a 6% drop from its September 26 price. Without continued new investment, the ETF's $1 billion valuation is exposed to ZEC's price fluctuations.
