Grayscale’s Zcash ETF Bid Triggers ‘GBTC 2.0’ Debate: Crash Or Pump Ahead?

Delphi Digital researcher Simon Shockey is arguing that the real story in Zcash is no longer just its price – despite ZEC having one of the most eye-popping rallies of this cycle in recent months. “The most interesting thing about ZEC today is not the price,” he wrote on X. “It’s the fact that a GBTC-style discount dislocation just appeared around ZCSH. ” For Shockey, the Zcash trust setup only makes sense when viewed through the lens of what happened with Grayscale’s Bitcoin product source: https://www.newsbtc.com/news/grayscales-zcash-etf-crash-or-pump-ahead/