Zcash ETF set to launch tomorrow; futures open interest climbs to about $1.9B ahead of Aug. 25 NYSE Arca debut

AI Market Summary
Grayscale's reported Zcash ETF targeting an Aug. 25 NYSE Arca debut is driving attention to ZEC, alongside a surge in ZEC futures open interest to ~$1.9B, overtaking DOGE and BNB. The combination of a potential regulated wrapper and rising derivatives positioning signals elevated near-term liquidity and volatility in ZEC, with spillover sensitivity across privacy-coin and altcoin risk appetite.
Impact level
● High
Affected assets
ZEC/USDT+2.70%
AI Insight · ZEC/USDTAI Insight
▲ Bullish
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Zcash is back in focus ahead of a scheduled ETF launch. Zcash futures open interest has overtaken Dogecoin and Binance Coin, rising to roughly $1.9B, as Grayscale's Zcash ETF lines up for an Aug. 25 debut on NYSE Arca. Full video below.