Grayscale says crypto ETF market is entering new phase as Zcash ETF tops $1 billion
60-second summary
Grayscale’s Krista Lynch reports the SEC’s listing standards now cover roughly fifteen tokens, allowing crypto‑ETF issuers to expand beyond Bitcoin and Ether, and she notes Zcash‑focused ETFs have just surpassed $1 billion in assets. This broader token eligibility signals a new phase for crypto ETFs, likely boosting investor diversification and driving further inflows into the sector.
Grayscale's Krista Lynch says SEC listing standards cover about 15 tokens, letting crypto ETF issuers get selective beyond bitcoin and ether.