The post Zcash price: ZEC jumps 30% on Grayscale’s $46M buy appeared on BitcoinEthereumNews.com.
The Zcash price surged over 30% in 24 hours after the Grayscale Zcash Trust reportedly accumulated approximately $46 million in shielded ZEC, triggering the sharpest single-day rally the privacy coin has seen in weeks and pushing daily trading volume past $760 million. Summary ZEC traded at approximately $170.60, up roughly 33.6% in 24 hours, according to CoinMarketCap data at the time of the move; the shielded nature of the Grayscale accumulation has amplified speculation that the trust is preparing for an ETF conversion filing with the SEC Grayscale filed in November 2025 to convert its Zcash Trust into a US-listed spot ZEC ETF on NYSE Arca; if approved, it would create the first regulated institutional on-ramp for ZEC, mirroring the catalyst that sent Bitcoin surging when IBIT launched in January 2024 The SEC closed its investigation into Zcash on January 15, 2026, without recommending enforcement action — removing a regulatory overhang that had led multiple exchanges to delist ZEC in 2023 and 2024 and which had suppressed institutional interest The Zcash (ZEC) price move today has a clear institutional fingerprint. The Grayscale Zcash Trust accumulated approximately $46 million in shielded ZEC, meaning the coins were transferred using Zcash’s privacy layer, which conceals the sender, recipient, and amount. The decision to use shielded rather than transparent transactions signals deliberate institutional positioning in the privacy-preserving infrastructure that defines ZEC’s core use case — and the market interpreted it as a signal of serious long-term conviction rather than speculative positioning. As Blockchain Magazine reported, ZEC surged 21.4% to approximately $310 in the 24-hour period ending April 7, reaching an intraday high of $312.18, with trading volume spiking to $565.7 million. Subsequent data placed the 24-hour gain closer to 33.6%, with volume exceeding $760 million — a level that signals more than retail participation.…
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