---
title: "Grayscale Bets $1 Million on Zcash as Privacy Coin Tumbles"
url: https://thecoingazette.com/grayscale-bets-1-million-on-zcash-as-privacy-coin-tumbles/
date: 2026-11-10
modified: 2026-11-10
lang: en
author: "Coin Gazette Editorial"
description: "Grayscale plans to direct $1 million from its Zcash ETF fees to ecosystem nonprofits and launched a national ad campaign, as ZEC fell more than 11%."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 26
---

# Grayscale Bets $1 Million on Zcash as Privacy Coin Tumbles

Grayscale plans to direct $1 million from its Zcash ETF fees to ecosystem nonprofits and launched a national ad campaign, as ZEC fell more than 11%.