ZCash(ZEC) has recently shown dramatic market changes. Currently trading at $401.68, ZEC has been receiving various market signals over the past month. Industry experts are divided on whether this privacy coin can attract institutional investors’ interest.
Institutional Choices and Regulatory Barriers
Barry Silbert, CEO of Digital Currency Group, pointed out that large asset management firms like BlackRock are unlikely to launch spot ETF products for ZCash. According to his analysis, the reason BlackRock was able to get ETFs approved for Bitcoin and Ethereum first is that these assets occupy a clearer regulatory position.
Barry Silbert identified regulatory barriers faced by privacy coins as a key challenge. From the perspective of centralized financial institutions, privacy-enhanced coins are more difficult to meet regulatory surveillance requirements.
Market Reality and Disparity
Interestingly, despite these regulatory concerns, ZCash continues to attract significant market interest. Within the blockchain community, some see ZCash as an alternative to centralized financial systems, and this philosophical support appears to be reflected in its price.
The absence of an institutional ETF does not necessarily determine the future of privacy coins. Demand for ZCash through decentralized exchanges and individual investor communities continues to exist.
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The regulatory wall of privacy coins, Zcash outlook divided
ZCash(ZEC) has recently shown dramatic market changes. Currently trading at $401.68, ZEC has been receiving various market signals over the past month. Industry experts are divided on whether this privacy coin can attract institutional investors’ interest.
Institutional Choices and Regulatory Barriers
Barry Silbert, CEO of Digital Currency Group, pointed out that large asset management firms like BlackRock are unlikely to launch spot ETF products for ZCash. According to his analysis, the reason BlackRock was able to get ETFs approved for Bitcoin and Ethereum first is that these assets occupy a clearer regulatory position.
Barry Silbert identified regulatory barriers faced by privacy coins as a key challenge. From the perspective of centralized financial institutions, privacy-enhanced coins are more difficult to meet regulatory surveillance requirements.
Market Reality and Disparity
Interestingly, despite these regulatory concerns, ZCash continues to attract significant market interest. Within the blockchain community, some see ZCash as an alternative to centralized financial systems, and this philosophical support appears to be reflected in its price.
The absence of an institutional ETF does not necessarily determine the future of privacy coins. Demand for ZCash through decentralized exchanges and individual investor communities continues to exist.