Zcash rallies 45% in a week to 2016 highs as Grayscale ETF drives institutional flows

Zcash $ZEC surged 45% over the past seven days to its highest price since 2016, with market capitalization climbing above $20 billion, fueled by Grayscale's conversion of its Zcash Trust into a spot ETF that began trading on Aug. 25. The outperformance signals renewed institutional appetite for privacy-focused digital assets amid a broader crypto market recovery.

Bitcoin $BTC ETFs posted their strongest three-week inflows of 2026, drawing nearly $3.8 billion as alternative cryptocurrencies recovered from weekend weakness. The rally reflects shifting sentiment toward diversified crypto exposure beyond bitcoin. #crypto #markets #derivatives