Search results for Grayscale Investments
Crypto
Grayscale seeks to convert Zcash Trust into ETF, targets NYSE listing
Grayscale is moving ahead with plans to convert its Grayscale Zcash Trust into a spot exchange-traded fund. It filed a fourth amended S-3 registration statement with the U.S. Securities and Exchange Commission. If approved, the product would trade on NYSE Arca under the ticker ZCSH and be the first U.S. spot ETF tracking a privacy coin. The filing details largely cash-based share creation and redemption, and names Coinbase and BNY Mellon among key service providers.
Crypto
Bitcoin bottom theory resurfaces; Grayscale says interest rates will determine direction
Analysis has raised the possibility that Bitcoin has already passed its bottom, though a halving-based four-year cycle still leaves room for a new low in September to October. Grayscale Investments research head Zach Pandl set out two ways to view the downturn: the halving cycle and macroeconomic trends such as interest rates. He said the key variable ahead is the U.S. Federal Reserve’s policy path, while spot Bitcoin ETFs logged six straight sessions of net inflows.
Crypto
How far can demand for XRP spot ETFs go? Grayscale says they could absorb 5 to 6 percent of supply
XRP spot exchange-traded funds could absorb 5 to 6 percent of XRP’s circulating supply in the short term, a forecast said. Grayscale Investments research head Zach Pandl said on a podcast that all listed XRP ETFs combined could ultimately hold about 5 to 6 percent of supply, calling it an initial estimate. XRP spot ETFs have recorded cumulative net inflows of $1.42 billion since launch, though total net assets slipped with recent price declines.
