Grayscale applies to convert its Zcash Trust into a spot ETF; ZEC could exceed $600
The S-3 filing by Grayscale to convert the Grayscale Zcash Trust into a Zcash spot ETF reconfigures institutional access to ZEC and has already shifted market behavior. The announcement, aimed at listing under the ticker ZCSH on NYSE Arca, arrives during heightened volatility and ahead of a November 2025 halving, placing $600 as a decisive […]
Texas buys the Bitcoin dip: acquires $5.000.000 in BlackRock’s IBIT as part of a $10.000.000 strategic Bitcoin reserve
Texas bought $5.000.000 of the iShares Bitcoin Trust (IBIT) from BlackRock on 20 November 2025, as part of a total state allocation of $10.000.000 intended for a strategic Bitcoin reserve. The transaction, executed at an average price of approximately $87.000 per BTC, provides immediate market exposure while the state prepares the transition to self-custody. The […]