News

According to ChainCatcher, Grayscale has submitted an application for a Zcash spot ETF, aiming to convert its existing Zcash Trust into a spot product, becoming the first privacy coin ETF seeking a US listing. Meanwhile, Multicoin Capital disclosed that it has been accumulating ZEC since February. Co-founder Tushar Jain linked the investment rationale to the proposed wealth tax legislation in the US, believing that increased government monitoring of private financial holdings will drive structural demand for assets that mathematically shield regulation. However, this application has also triggered institutional custody challenges: about 30% of Zcash's supply is located in the shielded address pool, the highest in history, whereas ETF custody virtually requires the use of transparent address pools to meet auditing and proof of balance requirements. Previously, the SEC concluded its long-term review of Zcash in January 2026 without taking enforcement action, significantly reducing regulatory uncertainty.

According to ChainCatcher, citing Web3 asset data platform RootData's token unlock data, Quai Network (QUAI) will unlock approximately 43.02 million tokens, worth about 1.2 million US dollars, at 21:00 on May 19 (UTC+8).

BlockBeats News, May 12th, according to LookIntoChain monitoring, whale address Emb5os once again increased its holdings by 73,253 SOL and 2.5 million JUP. Over the past 3 days, the whale has purchased a total of 177,913 SOL ($16.92 million) and 10.32 million JUP ($2.56 million).