Grayscale’s Zcash Trust Is Set to List on NYSE Arca Today as The Zcash ETF:
Grayscale's Zcash Trust (ZEC) plans to list on NYSE Arca as The Zcash ETF under ticker ZCSH, with trading expected to start on August 25, 2026, pending regulatory approval. The trust will have a 2.5% annual management fee and a cash-create, cash-redemption model. Grayscale is in talks with DCG International Investments for a potential contribution of 200,000 ZEC, but this is nonbinding. Coinbase Custody Trust Company and Bank of New York Mellon will serve as custodian and transfer agent, respect
How this was made

The 30-second read
Why it matters
The filing provides the first public notice of a potential Zcash‑focused ETF, introducing a new tradable vehicle for the privacy coin.
Market read
First disclosure of a Zcash ETF listing could affect Zcash price and crypto‑ETF demand.
What to watch
The 2.5% management fee and cash‑create/redemption model may deter some institutional investors.
Background
Grayscale filed an 8‑K indicating its Zcash Trust may list on NYSE Arca, changing its name to The Zcash ETF.
Ticker impact
8‑K filing announces Grayscale Zcash Trust shares may list on NYSE Arca on Aug 25 2026 under ticker ZCSH.
Initial trading may see modest volatility; price could rise if listing confirms.
Listing is pending regulatory approval; market reaction hinges on confirmation.
Market effects
Adds another privacy‑coin product to the crypto‑ETF space, may pressure other privacy‑coin offerings.
U.S. crypto market sees a new listing; limited immediate effect on global markets.
Potentially notable for global crypto investors tracking U.S. listed products.
Counterpoint
If regulatory approval stalls, the anticipated listing could become a disappointment, causing short pressure.
Key entities
- CompanyGrayscale Investments
Sponsor of the Zcash Trust seeking ETF listing.
- CryptocurrencyZcash
Privacy‑focused digital asset underlying the trust.




