Blockchain
By Bruce Buterin
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Zcash's 2,800% Run Forced the Issue. Zcash's token, ZEC, didn't just drift higher. It ran roughly 2,800% over the past year.
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Why Privacy Coins Are Getting a Second Look. Zcash isn't new. It's been around for years, and it's always occupied a specific lane —…
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What the Split Means for ZCSH Holders. For anyone already holding ZCSH shares, the split on September 28 is basically a non-event in…
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Grayscale is splitting its Zcash ETF shares three-for-one. The split hits after the close of trading on September 28, and every shareholder walks away with two extra shares for…
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The math is pretty simple. Say you own 10 shares at $300 each — that's $3,000 total. After the split, you've got 30 shares worth $100 apiece.
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Zcash's token, ZEC, didn't just drift higher. It ran roughly 2,800% over the past year. That kind of move is what turns a reasonably priced ETF into something that starts looking…
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Then came the Paradigm news, which poured gasoline on the fire. The crypto investment firm — co-founded by Matt Huang — made an undisclosed purchase of ZEC.
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Huang didn't stay quiet about why Paradigm bought in. He called Zcash a "private complement to Bitcoin" — his words — and said the developer fund matters a lot, particularly as…
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Zcash isn't new. It's been around for years, and it's always occupied a specific lane — privacy-focused, technically sophisticated, useful for shielded transactions that don't…
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Related: Grayscales Zcash ETF to Split 3-for-1 After $233 Million Inflow, Nearing $890 Million
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But institutional money tends to shift things. When a firm like Paradigm steps in with a purchase big enough to move the market 20% in a day, it's not a retail moment.
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And Huang's point about the developer fund is worth sitting with. Zcash's ongoing development depends on that funding.
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For anyone already holding ZCSH shares, the split on September 28 is basically a non-event in terms of total value. You're not richer or poorer because of it.
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Grayscale has been through this kind of move before with other products. The logic is consistent — when an ETF's share price climbs far enough that it starts deterring…
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See also: REX Shares Launches ASSX, a Unique 2x Leveraged ETF on Strives Bitcoin Holdings
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