Zcash surges 2,413% in a year as Grayscale fund tops $500 million

Sep 9, 2026 00:22 (46d ago)

ZEC reached $1,290 early Sept. 9, extending its one-year gain to 2,413%.
ZCSH surpassed $500 million in assets, including an approximately $100 million affiliated in-kind contribution.
Options on ZCSH began trading on NYSE Arca as derivatives open interest reached $2.91 billion.

Zcash (ZEC) extended its rally to $1,290 early Sept. 9, 2026, gaining 2,413% over one year and reaching a market capitalization of $21.62 billion, according to CoinGecko. The move coincided with purchases by three wallets possibly controlled by one whale, higher derivatives open interest and $11.52 million in short liquidations. Grayscale’s Zcash exchange-traded product, ZCSH, surpassed $500 million in assets under management on Sept. 8, two weeks after its Aug. 25 NYSE Arca debut, while options on the product began trading. The asset milestone included an approximately $100 million in-kind contribution from DCG International Investments, meaning the total was not solely a measure of fresh outside demand.

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