Zcash tops $1,000 as Grayscale ZCSH ETF assets pass $400M
ZEC climbed above $1,000 on Sept. 4, propelling the newly listed ZCSH fund past $400 million in assets.
Zcash's native token ZEC reached an intraday high of $1,050.70 on September 4, market data shows. The move corresponds to a roughly 20% gain over the previous 24 hours and nearly a 100% increase over the past month.
The price spike pushed the assets under management of Grayscale's ZCSH spot Zcash ETF to $414.7 million, according to figures cited by CryptoSlate. The fund launched less than two weeks before this milestone.
ZCSH ETF snapshot
- ZEC intraday high on Sept. 4: $1,050.70
- 24-hour change: ~+20%
- 30-day change: ~+100%
- ZCSH assets at peak: $414.7 million
Grayscale's ZCSH is among the first spot ETFs for a privacy-focused cryptocurrency, reflecting a broader push by asset managers to offer regulated exposure to digital assets beyond Bitcoin and Ethereum. The fund's rapid growth highlights renewed investor interest in Zcash, though its price remains highly volatile.