Zcash (ZEC) jumped 47.1% in 24 hours to lead a broad altcoin rally on August 22, with bitcoin cash, cardano, dogecoin and chainlink all posting double-digit gains as bond buybacks and Clarity Act optimism lifted the wider crypto market.
The privacy-focused cryptocurrency Zcash (ZEC) shattered the $800 barrier on Saturday, marking its highest level since January 2018. During a volatile 24-hour trading session, the digital asset peaked at $851 while experiencing a low of $589.
Zcash surged above $800 for the first time in years as Grayscale's ETF progress, rising futures activity and renewed “next Bitcoin” interest fueled the ZEC rally.
ZEC rallied towards $680 after Grayscale filed another amendment for its planned Zcash Trust listing on NYSE Arca.
Grayscale's ZEC ETF filing could legitimize privacy-focused crypto, potentially paving the way for institutional adoption and regulatory engagement. Zcash surges over 42% to surpass $800 as Grayscale files for ZEC ETF.
Grayscale names ZCH as the ticker, confirms a 2.5% fee and targets an NYSE Arca listing.
Grayscale's Zcash ETF pursuit could redefine crypto ETF norms, impacting market dynamics and regulatory approaches to privacy-focused assets. Grayscale moves closer to Zcash ETF launch with SEC filing.
The private placement gives Fortitude 9.4% at a 22% premium while HeartSciences' vote date remains unset.
Grayscale Investments has submitted its fourth revision to the Form S-3 registration documentation for a Zcash spot exchange-traded fund with the United States Securities and Exchange Commission. The investment vehicle would trade on NYSE Arca under the symbol ZCSH, effectively transforming the current Grayscale Zcash Trust into a publicly accessible trading instrument.
Grayscale has filed its fourth amendment to convert the Zcash Trust into an exchange-traded fund while disclosing that a Digital Currency Group subsidiary is considering an investment representing about 200,000 ZEC, currently worth roughly $110 million.
Ethereum recorded an intraday high of $2,112 on August 19, 2026, pushing its market capitalization to $251 billion. The U.S. Department of the Treasury announced the doubling of its government bond buyback program up to $4 billion.
Cypherpunk paid $33.33 million for a Zcash mining fleet with a warrant for 43.3 million shares instead of cash, diluting CYPH holders. The fleet runs 18% of ZEC hashrate.