Zcash surges 48% past $800 on Grayscale spot ETF filing and renewed investor buzz

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Zcash (ZEC) climbed 48% to trade above $800, surpassing its January 2018 all-time high. The rally was fueled in part by a Grayscale filing indicating progress toward converting its Zcash Trust into a spot ETF. Futures trading volume for ZEC reached billions of dollars amid heightened market interest. The development has reignited comparisons between Zcash and Bitcoin among some investors and analysts.

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