Zcash Co-founder Proposes Ending Grants Funding; Grayscale Zcash ETF Garners $1B

• Zcash co-founder Sean Bowe proposes to end grants funding, redirecting the committee's 8% share of newly created ZEC to a reserve for future miners.
• The proposal would not affect the committee's existing $125 million treasury.
• Grayscale's Zcash ETF (ZCSH) has amassed over $1 billion in assets within 30 days of its launch on August 25.
• Zcash has seen a 149% increase in value year-to-date as of October 22, outperforming most major cryptocurrencies in 2026.