Zcash jumped over 40% to $805.52 as Grayscale filed to convert its Zcash Trust into an ETF on NYSE Arca, reigniting institutional interest in

While DCG is in discussions to contribute ~200,000 ZEC to the Grayscale fund, the potential transaction is nonbinding.

Grayscale's latest S-3 amendment reveals DCG is in non-binding talks to contribute 200,000 ZEC to the Zcash Trust as part of a spot ETF