# Grayscale Bets $1 Million on Zcash as Privacy Coin Tumbles

- URL: https://talkfuse.com/story/grayscale-bets-1-million-on-zcash-as-privacy-coin-tumbles/
- Published: 2026-11-10T19:16:02+00:00
- Updated: 2026-11-10T19:21:18+00:00
- Original publisher: Decrypt
- Original article: https://decrypt.co/382962/grayscale-bets-1-million-on-zcash-as-privacy-coin-tumbles
- Topics: Elections, Politics

## Key points

- Grayscale plans $1 million for Zcash ecosystem groups and initiatives.
- Four organisations have received $100,000 each.
- ZEC fell 11.3% in 24 hours to about $1,043.

## Summary

Grayscale plans to direct $1 million to organisations and projects supporting Zcash, despite a recent fall in the cryptocurrency’s price. The move combines funding with a public campaign to promote the network, as interest in financial privacy grows and competition for Zcash investment products increases.

The money comes from fees on Grayscale’s Zcash ETF, and the firm says it intends to reinvest all sponsor fees for up to the fund’s first year; the commitment is voluntary and can be changed or ended. Four groups have already received $100,000 each. ZEC fell 11.3% in 24 hours to about $1,043 on Tuesday and was down roughly 19% over 30 days, though it remained about 75% higher than a year earlier.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.