Bitcoin Faces Zcash Growth Surge Ahead
Grayscale Research reports Zcash’s market cap has increased from 0.1% to 1.5% of Bitcoin, driven by demand for financial privacy; ZEC now trades around $1,500. #Update #Crypto $ZEC
Grayscale
Zcash ETF Launches with Biweekly Payouts
Grayscale files for ZCSH High Income ETF, planning biweekly payouts via options strategy. This follows the August launch of their existing zcash ETF. Crypto
Zcash ETF Surges to $1B Milestone
Grayscale’s Zcash ETF reached $1B in assets, with only $306M from new inflows; a 3-for-1 split takes effect Sept. 30. #Update #Crypto
Bitcoin Opportunity in Kraken Hyperliquid Plan
Payward plans to offer U.S. perpetual futures via Hyperliquid, pending regulatory approval; Grayscale sees potential for increased protocol fees and HYPE purchases. #Update #Crypto
Zcash ETF Splits 3-for-1 Share Price
Grayscale’s Zcash ETF, ZCSH, will execute a 3-for-1 share split on Sept. 30 to lower per-share price, potentially broadening investor access. #Update #Crypto
Bitcoin Traders Unfazed by Fed Cycle
Grayscale sees the Fed’s latest rate hike as a mid-cycle adjustment, unlikely to impact $BTC significantly. Higher rates may benefit stablecoins and tokenized products. #Update #Crypto $BTC
Bitcoin Forecasts $58K Bottom Green Lighted
@Grayscale’s Zach Pandl maintains $58,000 as Bitcoin’s bottom in the current bearish phase, citing favorable market conditions for digital asset investments. He highlights Zcash’s privacy focus as a unique niche. #Update #Crypto $BTC
XRP Surges as Grayscale Adopts Core Holding
Grayscale’s XRP ETF ranks third in its Leaders Model and second in the Next Gen Model, highlighting significant institutional interest. #Update #Crypto $XRP
Grayscale Advances Amid US Crypto Policy Shift
The Senate failed to advance the CLARITY Act, but @Grayscale remains optimistic about regulatory progress with SEC and CFTC. Republicans’ draft included 126 Democrat-requested changes. #Update #Legal
Bitcoin Grayscale Launches 4 Crypto Portfolios
@Grayscale launched four crypto model portfolios for financial advisors, rebalanced quarterly with a 40% cap per asset. Advisors retain control over client allocations. #Update #Crypto
Grayscale Says Crypto Rules Advance Without Act
Grayscale says U.S. crypto policy can progress without the CLARITY Act, noting stablecoin legislation passed and SEC rules proposed, enhancing regulatory clarity. #Update #Crypto
XRP ETFs Now in Schwab Money Fund
@CharlesSchwab’s filing reveals Grayscale, Canary, Franklin, and Bitwise XRP ETFs as repo collateral. JP Morgan and BofA handle $3.99B in agreements. #Update #Crypto $XRP
Zcash ETF Surges to $500M Milestone
Grayscale’s Zcash ETF surpasses $500M AUM, with $100M from DCG affiliate; ZEC price hits $1,249, its highest since 2016. #Update #Crypto
Zcash Surges to $1,200 Garrett Jin’s Short Hit
Garrett Jin’s 32,760 ZEC short is $25.7M underwater as ZEC rises 134% in 30 days to $1,249; market cap hits $20B. #Update #Crypto