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Zcash (ZEC) Surges 28% in a Week, Crosses $1,000 Amid ETF Inflows

Grayscale launched the ZCSH spot ETF, converting its $304 million Zcash Trust, driving demand.

The Crypto Times

Publisher

Sep 5, 2026 at 6:56 AM UTC · Updated 하루 전 · 5 분 소요

Zcash (ZEC) Surges 28% in a Week, Crosses $1,000 Amid ETF Inflows
Image via The Crypto Times

Key Signal

$304M Zcash Trust converted

Market Impact

BTC-0.30%$79,798

Last Updated

하루 전

번역 중…

Grayscale launched the ZCSH spot ETF, converting its $304 million Zcash Trust, driving demand.

Head of research Zach Pandl projected ZEC could hit $8,100 if it captured 10% of Bitcoin’s market value.

Institutional investors Multicoin Capital, Cypherpunk Technologies, and DCG subsidiary disclosed large ZEC holdings, boosting credibility.

Zcash, the privacy-focused cryptocurrency, extended a strong rally over the past week, with its native token ZEC climbing roughly 28% to break above $1,000 for the first time. As of a CoinGecko snapshot on September 5, 2026 around 06:08 UTC, ZEC traded at about $1,018.20, up 28% over seven days and 7.9% against Bitcoin, within a 24-hour range of $949.54 to $1,046.30. Its market capitalization stood near $17.14 billion on 24-hour volume of about $1.28 billion, ranking it around the eleventh-largest cryptocurrency — according to CoinGecko’s ranking at the time of the snapshot.

The token crossed the $1,000 mark for the first time in nearly a decade on September 4, briefly trading above $1,020 before pulling back. Historical price data on CoinGecko shows ZEC reached roughly $1,023 during the move. The milestone caps a gain of roughly 94% over the past month and more than 2,300% over the past year. The token was trading around $40 a year ago and near $200 in March, based on the same historical market data.

Market Context

₿

Bitcoin

BTC

$79,756

-0.35% (24H)

$80,334$79,940$79,547
4 AM11 AM7 PM3 AM

Market Cap

$1.60T

24H Volume

$17.7B

24H High

$80,541

View Bitcoin Market Page

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