PANews reported on November 26 that, according to SEC filings, Grayscale Zcash Trust ( ZEC ) has submitted Form S-3 , proposing to list on the NYSE Arca and be renamed " Grayscale Zcash Trust ETF " with the ticker symbol " ZCSH " . The filing discloses that the custodian is Coinbase Custody , and the prime broker is Coinbase ; each basket ( 10,000 shares) currently requires approximately 817.0998 ZEC ; currently, only cash redemptions are supported, but physical redemptions may be opened in the future depending on regulatory approval; the trust is a Delaware statutory trust, and its objective is to track the price of ZEC (net of fees and liabilities).
Grayscale filed an S-3 registration statement with the SEC, proposing to convert the Zcash Trust into an ETF.
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