Key Highlights Grayscale’s Zcash ETF (ZCSH) will execute a 3-for-1 forward share split effective at the close of trading on September 28, according to an SEC filing. The split aims to improve accessibility after the fund’s value surged approximately 2,800% over the past year, making the per-share price prohibitively high for some investors. Zcash’s native ...
Key Highlights The Federal Reserve raised its benchmark interest rate by 25 basis points to 3.75%–4% on a unanimous 12–0 vote, marking the first hike since July 2023. Bitcoin held near $76,300, largely unmoved by the decision, while the broader crypto market capitalization stabilized around $2.63 trillion. Zcash (ZEC) surged up to 23% to a ...
Privacy-focused cryptocurrency Zcash (ZEC) surged 23% over the past 24 hours, leading gains across major digital assets as Bitcoin and the broader crypto market rallied overnight into Asian trading hours Thursday. The move coincided with a recovery in U.S. stock futures following the Federal Reserve’s first interest-rate increase since 2023. Market Snapshot: ZEC Leads, Bitcoin ...