Zcash ETF Surpasses $500M As Network Hashrate Hits Near-Record Highs

• Zcash ETF (ZCSH) surpassed $500 million in assets under management shortly after its NYSE Arca debut, driven by a $100 million institutional investment from DCG and strong retail demand.
• Zcash's annualized volatility averages 140%, significantly higher than Bitcoin's 40%, which supports elevated options premiums and hypothetical covered-call yields of approximately 70%.
• Network hashrate reached 27.9 GSol/s, operating at 91% of its all-time high, as price appreciation drove daily mining profits for Bitmain Z15 Pro ASICs to nearly $59.
• Zcash maintains a technical bullish structure above $1,200, though momentum indicators like the RSI suggest the asset is overextended and vulnerable to short-term pullbacks.
• Institutional viability relies on Zcash's selective disclosure via zk-SNARKs, which contrasts with Monero's mandatory privacy and creates a distinct regulatory compliance advantage.