Asset manager Grayscale Investments has launched the first exchange-traded fund (ETF) that tracks the spot price of cryptocurrency Zcash (CRYPTO: $ZEC).
Zcash is a decentralized, privacy-focused cryptocurrency that was launched in 2016 and derived from Bitcoin's (CRYPTO: $BTC) original codebase.
Grayscale has launched the Zcash ETF under the ticker symbol "ZCSH" on the NYSE Arca exchange.
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#Crypto #exchange #Investments

Grayscale's Zcash Exchange Traded Fund, better known as an ETF, began trading Tuesday on NYSE Arca, listing a nine-year-old investment product months after developers disclosed and patched a critical vulnerability in the privacy coin's shielded transaction system.
Trading under the ticker ZCSH, the world's first exchange-traded product offering spot Zcash exposure allows investors to track the price of ZEC through brokerage accounts without having to buy or store the token themselves.
"Grayscale has a long history of identifying emerging technologies and investment themes early, and our nine-year history operating this fund is the clearest signal of demand," Grayscale Head of Index Steve Vanourny told Decrypt.
ZCSH began as the Grayscale Zcash Trust in October 2017. Grayscale filed with the Securities and Exchange Commission in November to convert the trust into an exchange-traded fund. As an exchange-traded product, shareholders do not own ZEC directly but instead own shares intended to track the value of the fund's ZEC holdings.
Vanourny said Zcash's maturity, privacy features and investor demand for ****** ets beyond Bitcoin and Ethereum made this the right time to list the nine-year-old fund.

#zcash #nine #vanourny

Zcash (ZEC), the leading privacy coin by market cap, extended its decline on Wednesday, dropping by over 4% to around $510. That was down circa 15% from the local high of around $590, established a week ago.
The correction put ZEC's cup-and-handle breakout thesis at risk of invalidation. Instead, it is leading to the validation of multiple bearish reversal patterns, with downside targets under the key $500 support level.
Let's examine.
ZEC's four-hour chart shows the price breaking below the lower trendline of a symmetrical triangle near $535–$538.
A symmetrical triangle forms when price consolidates between converging support and resistance trendlines. The pattern typically resolves in either direction.

#leading #wednesday #instead

By Karen Roman
Fortitude Mining Holdings, Inc., a Zcash mining platform, has agreed to merge with HeartSciences Inc. (Nasdaq: HSCS) in an all-stock transaction that will take the company public.
The combined company is expected to trade on the Nasdaq under the ticker "TUDE" and operate under the Fortitude brand. The transaction is expected to close in the second half of 2026.
Fortitude has mined Zcash since 2019 through a fully integrated model spanning owned data centers, power infrastructure and mining operations. The company generated approximately $90 million in fiscal 2025 gross revenue and $20 million in adjusted EBITDA on a debt-free balance sheet.
"As a public company, we anticipate having the flexibility and access to capital to accelerate our core venture mining platform and continue pursuing high-return opportunities in the Proof-of-Work ecosystem, including our long-standing position in Zcash," said Andrea Childs, CEO of Fortitude.

By Karen Roman
Fortitude Mining Holdings, Inc., a Zcash mining platform, has agreed to merge with HeartSciences Inc. (Nasdaq: HSCS) in an all-stock transaction that will take the company public.
The combined company is expected to trade on the Nasdaq under the ticker "TUDE" and operate under the Fortitude brand. The transaction is expected to close in the second half of 2026.
Fortitude has mined Zcash since 2019 through a fully integrated model spanning owned data centers, power infrastructure and mining operations. The company generated approximately $90 million in fiscal 2025 gross revenue and $20 million in adjusted EBITDA on a debt-free balance sheet.
In an investor presentation, the company also indicated that if Zcash reaches $500, it could reach up to $55 million in run-rate Ebitda.

Leading Ethereum treasury firm BitMine Immersion Technologies made its largest ETH-denominated purchase of 2026 last week, adding 126,971 ETH or around $214 million worth of the second-largest cryptocurrency by market cap.
The firm’s major acquisition comes amid what the firm sees as a “strengthening case” for Ethereum following the AI-assisted discovery of a vulnerability in privacy protocol Zcash. Uncertainty over whether the vulnerability was actually exploited led to a 40% plunge in the price of Zcash’s ZEC token last week, though it has since recovered some of those losses.
“The broad selloff in crypto, in our view, is a superficial take,” said BitMine Chairman Tom Lee, in a statement. (Disclaimer: Lee is an investor in Decrypt’s parent company, Dastan).
“AI systems are going to find flaws in centralized financial services rails and weak decentralized protocols,” he said. “We believe this actually strengthens the use case and product market fit for hardened and reliable decentralized blockchains like Ethereum.”
Ethereum has rebounded around 4% in the last 24 hours, but has still fallen nearly 15% in the last week of trading, recently changing hands around $1,686.

When you own a stock and the business behind your shares makes money, you usually see some of it kicked back your way, whether as a direct transfer of money like with a dividend, a buyback of shares that lifts the price of what you still own, or a reinvestment that increases the value of the company on a longer timetable.
But when you hold a cryptocurrency like Solana or Ethereum, the relationship is almost always one-way, as there's rarely any mechanism by which the network's activity or on-chain value gets translated into price appreciation or a payout of any kind. That also makes it hard to be enthusiastic about their development roadmaps as a holder, since the reinvestment into platform technology offers no clear way to reward you.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Contrary to that, the common dynamic is that two smaller cryptos are building something closer to the corporate playbook. There's Hyperliquid (CRYPTO: HYPE), which routes nearly all of its trading revenue into open-market buybacks of its own token, and Zcash (CRYPTO: ZEC), which hands a fifth of every newly issued coin to the developers in its ecosystem.
As an investor, that makes the outlooks for those two coins a lot easier to believe in -- but should you buy either of them?

The dollar probably won't buy as much in the near future as it does now.
Bitcoin and Zcash are both scarce ****** ets with real value.
Ethereum is valuable for its various uses, and its supply situation is decent, too.
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As if the bout of inflation over the last few years wasn't painful enough for everyday investors, there are, unfortunately, plenty of good reasons to believe that the U.S. dollar is going to get significantly weaker and weaker from here on out.

https://finance.yahoo.com/...

Bitcoin (BTC) reversed its overnight climb to $94,000, dipping back to $92,000 during U.S. hours Thursday, continuing choppy rangebound action after the wild moves first lower, than higher earlier int he week.
Ethereum’s ether (ETH) held up relatively well, down only 0.7% on the day and changing hands above $3,100 in the afternoon hours. Among altcoins, XRP (XRP), Hedera (HBAR), Bitcoin Cash (BCH) and privacy-oriented Zcash (ZEC) led the downside with 4%–5% declines, while the broad-market CoinDesk 20 Index was 2% lower.
Despite the pullback, BTC continues to hold well above the support leve

The total crypto market cap (TOTAL) witnessed a sharp drop today as over $162 billion was wiped out in the last 24 hours. Bitcoin (BTC) fell below $86,000 in the process, with altcoins following suit, led by Zcash (ZEC), falling by 20% today.
In the news today:-
Global capital is pouring into US markets at record levels, with foreign investors heavily buying equities and Treasury demand shifting structurally. Meanwhile, US consumer debt has hit an all-time high, signaling a major shift in global risk appetite that could impact both crypto and equity markets.
Japan’s 2-year bond yield hit 1%

Zcash has seen a strong surge in recent weeks as demand for privacy coins grows across the market. ZEC’s rise stands out due to its limited correlation with Bitcoin, allowing it to perform independently during periods of volatility.
This unique behavior has fueled renewed interest and helped strengthen ZEC’s upward momentum.
Zcash’s correlation with Bitcoin currently sits at -0.78, signaling a strong negative relationship. This means ZEC is moving in the opposite direction of BTC, which is highly beneficial at a time when Bitcoin is trading near $90,000 after several days of decline. ZEC’s a

Crypto traders and investors who bought near highs in recent months are getting absolutely rekt right now, as hype fades and the market bleeds.
Bitcoin is down to around $88,000, falling more than 20% over the last 30 days. The crypto market as a whole today fell to $3.04 trillion—down 4.82% in 24 hours—with 95% of all coins bleeding red. The Fear and Greed Index just hit 16, the lowest reading since April, firmly in extreme fear territory. To put this in perspective: Zcash is the only coin in the top 50 by market cap managing to stay green today, squeezing out a 4% gain.
And the macro pictu

Zcash grew by more than double in the last 30 days.
Bitcoin lost value in the same period.
It will take a lot more than a month of poor performance to dislodge crypto's biggest ******* et.
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Bitcoin (CRYPTO: BTC) investors watched a long parade of supposed "better Bitcoins" try to dethrone the original. All have faded, but the idea that a more feature-rich version of Bitcoin could take the crown keeps resurfacing.

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