ZecZcashGrayscale’s Zcash ETF (ZCSH) has increased its ZEC holdings by 28.4% since its August 25 launch.
As of September 18, the fund holds:
🔸 596,268.94 ZEC
🔸 ~$877M in assets
🔸 3.52% of ZEC’s circulating supply
The increase was driven by in-kind creations — meaning ZEC was contributed to the fund in exchange for ETF shares rather than purchased directly on the open market.
One major contribution came from DCG International Investments, which transferred roughly 85,705 ZEC on September 8.
Less than a month after launch, a single U.S.-listed Zcash investment product now holds more than 3.5% of the circulating ZEC supply.
📖 Want to understand ZCSH in detail? Read our complete Grayscale Zcash ETF guide on ZecZcash.com:
https://zeczcash.com/blog/zcash-etf-zcsh-grayscale-trust-nyse-arca
Source: Grayscale / Pluang
Date: September 20, 2026
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