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Zcash tops $800 as Grayscale ETF filing adds to the rally
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News EditorZcash traded above $800 and moved past its January 2018 peak, CoinDesk reported. The token’s futures volume reached billions of dollars, while a Grayscale filing showed fresh progress toward turning the Zcash Trust into a spot ETF. The article also tied the move to renewed buzz around Zcash as a potential “next bitcoin.”
Zcash (ZEC) traded above $800 and cleared its January 2018 peak, according to CoinDesk. The move came as futures volume reached billions of dollars and a Grayscale filing showed new progress toward converting the Zcash Trust into a spot ETF.
The report said the price action also fed fresh buzz around Zcash as the “next bitcoin.”
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