Here are the 424B prospectus supplements from The Zcash ETF (ZCSH) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow ZCSH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ZCSH filings page.
Zcash ETF became a party on September 29, 2026, to an amended custody agreement with Anchorage Digital Bank N.A.; effective October 5, 2026, Anchorage may serve as an additional custodian for the Trust’s ZEC. Coinbase Custody Trust Company, LLC remains the primary custodian, and the Sponsor decides how much ZEC is held with each custodian. The Sponsor intends to place a portion of the Trust’s ZEC with Anchorage, and fees to Anchorage are a Sponsor-paid Expense.
Anchorage is required to keep private keys in cold storage, although hot wallets may be used from time to time for transaction settlement and payment of Trust expenses. Its crime-insurance or fidelity-bond limits must be at least $100 million in aggregate, but coverage is shared across customers, is not specific to the Trust, and may not cover all losses. Custody interruptions, asset transfers, or a Zcash hard fork could disrupt creations and redemptions or result in losses.
The Zcash ETF (ZCSH), formerly Grayscale Zcash Trust (ZEC), is a Delaware statutory trust that issues exchange-listed Shares representing fractional undivided beneficial interests in ZEC held by the trust. The Shares are approved for listing on NYSE Arca under the symbol ZCSH, transitioning from OTCQX.
The trust offers and redeems Shares continuously in Baskets of 10,000 Shares, primarily with Authorized Participants via in‑kind ZEC or cash orders, using a non‑GAAP Index Price from the CoinDesk Zcash Benchmark Rate to determine NAV for operational purposes. The objective is for Share value to track the value of ZEC held, less expenses, without leverage or derivatives.
As of June 30, 2026, the trust held about 2.3% of ZEC in circulation; historically the Shares have traded at substantial premiums and discounts to NAV, though listing and an arbitrage mechanism are expected to keep prices closer to NAV. Coinbase entities act as prime broker and custodian, holding ZEC largely in segregated cold storage, with insurance and Article 8 "financial asset" treatment, subject to contractual liability caps. The sponsor is in non‑binding discussions for a potential contribution of approximately 200,000 ZEC via a DCG affiliate. The product is not an Investment Company Act fund or a CFTC‑regulated commodity pool and is classified as an emerging growth company with reduced reporting requirements.
The Zcash ETF (ZCSH), a Delaware statutory trust formerly known as Grayscale Zcash Trust (ZEC), is registering an indeterminate number of Shares for continuous issuance on NYSE Arca, where each Share represents fractional beneficial ownership of ZEC held by the Trust. The Shares are created and redeemed in Baskets of 10,000 Shares, generally in exchange for ZEC or cash via Authorized Participants, with a Basket Amount tied to the Trust’s ZEC per Share and the Index Price. The investment objective is for the Share value to track the value of ZEC held, less expenses and liabilities, without leverage or derivatives. As of June 30, 2026, ZEC had a circulating supply of 16.7 million and a market value of $6.7 billion, and the Trust held about 2.3% of ZEC in circulation. The Shares have been approved for listing on NYSE Arca under the symbol ZCSH, after previously trading on OTCQX, where they historically traded at substantial premiums and discounts to NAV per Share.