Has the Privacy Coin suddenly caught the attention of institutions? Grayscale submits ZEC ETF application, this matter is not simple.

Question

The Privacy Coin sector started strong this year. ZEC surged 5 times in the fourth quarter of last year, and XMR also rose by 41%, catching many people off guard.

What is truly noteworthy is Grayscale's move — they submitted a trust product holding 394,400 ZEC to U.S. regulators, aiming to list it as a spot ETF on the NYSE Arca, with the ticker symbol ZCSH already decided. This is significant, as traditional financial institutions are starting to take privacy coins seriously.

Of course, the controversy has never stopped. ZEC has recently pulled back 40% from its peak, with voices suggesting that the previous surge was manipulated. On the other hand, projects like UXLINK are discussing cooperation with Privacy Coins, and institutions like Reliance Global Group are still increasing their positions.

The market is voting with its feet. Short-term fluctuations are just fluctuations, but institutional funds continue to flow in, and application scenarios are expanding. These signals point in one direction - the field of privacy protection may not just be a simple hype.

AirdropHunterZhang · Accepted Answer

Hi, Grayscale really knows what they&#39;re doing this time, directly pushing Privacy Coins into mainstream finance. Isn&#39;t this just a disguised way to sweep our positions?

Wait, a 40% slump from the peak? This rhythm feels familiar, the game of clipping coupons is about to start again.

Actually, it just depends on who still hasn&#39;t cleared their ZEC, that&#39;s all haha.

Let the institutions get on board, I only care if I can get a free ride this round.

With Privacy Coins, those who dare to go all in need to have some psychological preparation.

By the way, why didn&#39;t I notice when ZEC was 5 times higher? That&#39;s the real regret.

Cooperation, ETF, these sound great, but recouping investment is the hard truth.

Looking forward to what comes next, anyway, there will be opportunities to make a fortune quietly.

Whether this situation is a pitfall or not, it just depends on who plays better.

MEVHunterLucky · Answer

Hi there, Grayscale is really going to stir things up this time. The entry of institutions into Privacy Coin has been long overdue; the key question is whether the regulators will allow it... ZEC&#39;s 40% pullback is a bit painful, it feels like that previous wave was indeed a bit precarious.

DaoResearcher · Answer

According to the governance model in the White Paper, Grayscale&#39;s recent actions are essentially a struggle for the voice of institutional players over Privacy Coin. The interests behind the 394,400 ZEC are far more complex than the surface numbers.

From the data performance perspective, the 5-fold rise certainly has elements of control the market trend, but more importantly – this precisely validates that the Token economics hypothesis in the privacy sector is established.

The real opportunity for Privacy Coin does not lie in its rise or fall, but in institutional recognition.

What does a 40% pullback from ZEC&#39;s high mean? The key is whether the ZCSH ETF can pass SEC approval – that is the critical point that changes the rules of the game.

I believe that the cooperation direction of UXLINK is worth exploring in depth. The DAO governance model combining privacy and social aspects may disrupt the existing incentive mechanism design.

To be honest, Grayscale&#39;s submission of the application has invisibly rewritten the political economy of Privacy Coin, with institutional endorsement > retail investor speculation, which is an elevation.

SigmaValidator · Answer

Bro, Grayscale is really treating Privacy Coins as serious assets. The signals of traditional finance entering the market are so obvious, yet there are still people struggling with ZEC&#39;s rise and fall?

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Wait, more than 390,000 ZEC are directly packaged into the ETF. This operation must be highly optimistic. However, the script of institutions making money while retail investors just benefit a little is about to come back...

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Privacy Coins have finally been taken seriously, but why do I feel like the timing is a bit subtle? With a 40% pullback from the high, they still dare to declare. Does Grayscale really have confidence or is there another agenda...

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Hold on, ZEC went from a fivefold increase to falling back down; isn&#39;t this just a typical pump and dumping? Now they&#39;re talking about getting into the ETF, it really seems a bit absurd...

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Regardless, it&#39;s true that Privacy Coins have entered the sight of traditional finance. If regulation is lifted, a bunch of institutions will definitely follow suit...