**[Grayscale Launches Zcash Spot ETF, ZCSH Officially Listed on NYSE Arca]** BlockBeats News, August 25: Grayscale's Zcash Spot ETF has officially been listed for trading on the New York Stock Exchange Arca under the ticker symbol ZCSH, becoming the world's first exchange-traded product to offer spot exposure to Zcash (ZEC). The product was formerly known as the Grayscale Zcash Trust, which was established in October 2017 as a private placement. Grayscale stated that ZCSH aims to meet the demand of investors seeking exposure to crypto assets beyond Bitcoin and Ethereum through traditional brokerage accounts. Steve Vanourny, Head of Index Products at Grayscale, noted that Zcash boasts nearly a decade of network history, a fixed supply cap of 21 million coins, and a Proof-of-Work (PoW) mechanism, while also offering optional privacy features not available with Bitcoin. The company positions ZCSH as a high-risk satellite allocation within a digital asset portfolio. It is worth noting that ZCSH's launch comes amid ongoing market attention to a serious privacy system vulnerability previously disclosed by Zcash. In May of this year, researchers discovered an exploitable vulnerability in the Zcash Orchard privacy pool, which theoretically allowed attackers to forge ZEC. Zcash subsequently deployed an emergency patch in June and activated the Ironwood upgrade in July to replace the vulnerable Orchard privacy pool and implement new supply accounting rules to prevent potential forged ZEC from entering circulation. Grayscale stated that it will focus on monitoring the adoption of the Ironwood upgrade, network security, exchange support, and regulatory policies for privacy assets in the future. [Original Link]