Jan. 5 at 3:37 PM
$CYPH is a way better vehicle than
$ZCSH to get
$ZEC.X exposure, for those wishing to avoid custody complexities and risks.
Look at how unattractive Grayscale is for ZEC:
“Since its public listing in October 2021, ZCSH shares have often traded at significant premiums or discounts relative to the underlying ZEC, driven by limited liquidity, lack of redemption mechanisms, and volatility in the cryptocurrency markets. The trust carries a 2.5% total expense ratio and operates under OTC Markets’ Alternative Reporting Standards, limiting redemption options and contributing to price discrepancies between NAV and market price.”
- from the Grayscale X post
$CYPH any day for closer ZECZ tracking, liquidity depth and leverage on a star team that’ll influence the future of Zcash.
