Grayscale Proposes First-of-Its-Kind Privacy ETF With 10% Zcash Allocation, Sparking 20% ZEC Price Surge
• Grayscale submitted proposal to SEC for privacy-focused ETF that tracks 5 key privacy and security sectors • ETF would allocate 10% to privacy coins like Zcash via Grayscale's Zcash Trust • News catalyzed 20% surge in price of privacy coin Zcash (ZEC) • Approval would be first privacy ETF in US and expand investment opportunities • Enthusiasm for privacy coins faces regulatory hurdles globally around anonymity enabling illegal activities