Zcash

Zcash ($ZEC) trades at $1,255, down 1.5% over the past 24 hours but holding an 8.0% gain across seven days with a $20.3 billion market cap at rank #10.

Institutional access and governance debates dominate recent activity. On Oct. 28, CoinShares listed a physically backed Zcash ETP on Euronext Paris under the ticker ZCSH, charging a 1.50% annual fee [3].

Governance discussions center on block reward distributions. A draft Zcash Improvement Proposal introduced on Oct. 27 proposes ending the 8% block subsidy stream for Zcash Community Grants (ZCG) to feed the Network Sustainability Mechanism [5]. In response, ZCG offered an alternative plan on Oct. 30, seeking to redirect 98,000 $ZEC into a reserve for future mining rewards by scaling down its funding through 2032 [1].