Grayscale boosts Zcash holdings in ZCSH ETF by 28% to 596,269 ZEC
- —The ZCSH ETF holds 596,268.94 ZEC — 3.52% of the total Zcash supply
- —The 28.4% increase since the August 25 launch was driven entirely by in-kind contributions
- —DCG International contributed 85,705 ZEC worth about $100 million on September 8
- —Inflows in the first two weeks exceeded $70 million, with AUM at $876–914 million
Why it matters: Nearly 3.5% of ZEC's supply is locked in a single fund, constraining supply and adding upward pressure on the privacy coin's price.
Source: Crypto Briefing