company
Digital asset manager offering crypto investment products, including ETFs, trusts, and model portfolios covering Bitcoin, Zcash, Litecoin, and other tokens.
No evidence-backed relationships are recorded.
Grayscale will cut ZCSH's NAV per share to a third on Sept. 30. The coin behind the fund went from about $42 a year ago to an intraday $1,521 on Friday, and by one analysis $100 million of the fund's inflow came from a unit of its parent.
Perspective Coverage
5 publishersReality
September 3 brought $730.9 million and September 18 brought $433 million, so the other eleven sessions of the month netted a combined outflow near $850.3 million against a category holding about $102.5 billion.
Reality
Grayscale's bitcoin-free Next Gen model holds 26.11% in its XRP fund against 11.92% in the bitcoin-holding Leaders model, and the same allocation sheet puts the ether fund at 42.34% inside a suite described as capping any single asset at 40%.
Reality
The S-3/A filed on September 11 would give Grayscale's Litecoin Trust the creation and redemption plumbing that ties a share price to the assets behind it. The trust it covers is down to $82.28 million.
Reality
The Z15 Pro earns roughly four times the best Bitcoin rig per megawatt-hour, but Zcash issues about 43,800 coins a month however much electricity arrives, and hashrate is growing faster than the price.
Reality
The Zcash Trust is being restructured for a NYSE Arca listing under ZCSH, with a DCG affiliate in non-binding talks to hand over 200,000 ZEC as seed.
Reality