RE: LeoThread 2026-05-12 14-21

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Grayscale has filed to convert its Zcash Trust into a spot ETF, which, if approved, would become the world’s first spot ETF tied to a privacy coin.



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Huge step for privacy coins—Zcash leading the charge against surveillance finance. If approved, this ETF could unlock real liquidity for ZEC holders while keeping zero-knowledge proofs front and center. Asymmetric bet on sovereignty pays off

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