Zcash (ZEC) Price: ZEC Hits $1,021 as Grayscale ETF and Mining Profits Fuel the Run
TLDR
- ZEC hit a new high of $1,021 on September 4, extending a 30-day gain of over 88%
- Grayscale listed the first U.S. spot Zcash ETF (ZCSH) on NYSE Arca on August 25
- Zcash’s hashrate is running at 91% of its all-time high of 27.9 GSol/s
- Bitmain’s Z15 Pro ASIC miner is earning an estimated $59.09 per day at current ZEC prices
- ZEC futures volume surged 113.64% to $6.38 billion, with open interest rising 34.97% to $2.16 billion
Zcash (ZEC) hit a new high of $1,021 on September 4, 2026, breaking through the psychological $1,000 barrier for the first time. The move comes just 10 days after Grayscale listed the first U.S. spot Zcash ETF, ticker ZCSH, on NYSE Arca on August 25.
The day before, on September 3, ZEC had already reached an intraday high of $979, up nearly 17% in a single day. The 30-day gain now stands at over 88%, and over six months ZEC has risen around 353% against the U.S. dollar.
Crypto Banter, a widely followed crypto account on X, flagged the $1,000 break, noting that traders are treating Zcash’s shielded transfers as a hedge against on-chain surveillance. The account pointed directly to the Grayscale ETF listing as a catalyst for the move.
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