Grayscale files to launch the first privacy coin spot ETF

Techub News消息，据WuBlockchain报道，Grayscale has submitted an application to convert its Zcash Trust into a spot ETF. If approved, it would become the world's first spot ETF linked to a privacy coin. Zcash uses zero-knowledge proof technology to protect transaction privacy. This application provides investors with a compliant way to gain exposure to privacy coins through traditional securities accounts. If the conversion of the trust into an ETF is approved, it would mark the first time a privacy coin enters the mainstream U.S. ETF market.