Zcash (ZEC) is a privacy-focused cryptocurrency that some believe may be the next Bitcoin or insurance against Bitcoin. Over the past twelve months, ZEC has returned more than 20x and last month, Grayscale launched the first Zcash ETF (ZCSH).
Clearly, Barry Silbert, the founder of Digital Currency Group, expects the strong capital rotation into privacy assets to continue. The market capitalization of ZEC is now almost $20 billion and the largest ZEC treasury company, Cypherpunk Technologies (CYPH), has a market capitalization of $241 million.
At ETF PM, we have initiated small positions in ZCSH and CYPH.
This Insider Says Crypto’s “Privacy Era” Has Begun. Here’s What to Do About It.
Alex Carchidi, 5/31/26
Barry Silbert is the founder of Digital Currency Group, which owns Grayscale, one of the largest crypto asset managers. The crypto industry heavyweight declared on X (formerly Twitter) on May 24 that crypto’s “privacy era” has begun.
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