Company: ZCSH
Filing Date: 2025-11-26
Form Type: S-3
Source: 0001193125-25-298561
Chunk: 107

Company: Grayscale Zcash Trust (ZEC)
Filing Date: 2025-11-26
Form: S-3
Chunk 107
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ated by reference to Exhibit 10.1 of the current report on Form 8-K filed by the Registrant on January 3, 2025). 
 Coinbase Assignment Agreement (incorporated by reference to Exhibit 10.2 of the current report on Form 8-K filed by the Registrant on January 3, 2025).       |
|:--------|:----|:--------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 107     |     | Filing Fee Table.                                                                                                                                             |

† Portions of this exhibit (indicated by asterisks) have been omitted as the Registrant has determined that (i) the omitted information is not material and (ii) the omitted information is of the type that the Registrant treats as private or confidential. 

# Previously filed. * To be filed by amendment.
<div align='center'>II-6</div>

SIGNA TURES Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, New York, on November 26, 2025.

| GRAYSCALE INVESTMENTS SPONSORS, LLC           |                                             |
| as Sponsor of the Grayscale Zcash Trust (ZEC) |                                             |
| By:                                           | /s/ Edward McGee                            |
|                                               | Name: Edward McGee                          |
|                                               | Title: Member of the Board of Directors and |
|                                               | Chief Financial Officer                     |

POWER OF ATTORNEY Each of the undersigned officers and directors of the Sponsor of the Registrant hereby severally ‎constitutes and appoints Peter Mintzberg and Edward McGee, and each of them singly (with full ‎power to each of them to act alone), as his or her true and lawful attorneys-in-fact and agents, with full ‎power of substitution and resubstitution in each of them, for him or her and in his or her name, place and ‎stead, and in any and all capacities, to file and sign any and all amendments, including post-effective amendments, to this ‎registration statement and any other registration statement for the same offering that is to be effective ‎under Rule 462(b) of the Securities Act of 1933, and to file the same, with all exhibits thereto and other ‎documents in