Grayscale CEO Peter Mintzberg stated via X, "The assets under management (AUM) of Zcash ETF (ZCSH) have tripled since its launch on August 25 (local time). As investor interest in privacy assets has recently increased, investment demand related to ZEC is also expanding." According to Mintzberg, Zcash became the first altcoin Exchange Traded Product (ETP) to exceed $1 billion in AUM in its first month of launch. Grayscale currently holds 550,000 ZEC.