Company: ZCSH
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0000950170-25-035469
Chunk: 325

Company: Grayscale Zcash Trust (ZEC)
Filing Date: 2025-03-07
Form: 10-K
Item: Item 8
Chunk 325
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4

    2023

    2022

    Investment income:

    Investment income
     
    $
    -

    $
    -

    $
    -

    Expenses:

    Sponsor’s Fee, related party

    296

    270

    739

    Net investment loss

    (296
    )

    (270
    )

    (739
    )

    Net realized and unrealized gain (loss) from:

    Net realized loss on investment in ZEC

    (906
    )

    (934
    )

    (495
    )

    Net change in unrealized depreciation on investment in ZEC

    12,154

    (2,378
    )

    (34,944
    )

    Net realized and unrealized gain (loss) on investment

    11,248

    (3,312
    )

    (35,439
    )

    Net increase (decrease) in net assets resulting from operations
     
    $
    10,952

    $
    (3,582
    )
     
    $
    (36,178
    )

See accompanying notes to financial statements.

F-6

GRAYSCALE ZCASH TRUST (ZEC) 

STATEMENTS OF CHANGES IN NET ASSETS

(Amounts in thousands, except change in Shares outstanding) 

    Years Ended December 31,

    2024

    2023

    2022

    Increase (decrease) in net assets from operations:

    Net investment loss
     
    $
    (296
    )
     
    $
    (270
    )
     
    $
    (739
    )

    Net realized loss on investment in ZEC

    (906
    )

    (934
    )

    (495
    )

    Net change in unrealized depreciation on investment in ZEC

    12,154

    (2,378
    )

    (34,944
    )

    Net increase (decrease) in net assets resulting from operations

    10,952

    (3,582
    )

    (36,178
    )

    Increase in net assets from capital share transactions:

    Shares issued

    2,127

    -

    -

    Net increase in net assets resulting from capital share transactions

    2,127

    -

    -

    Total increase (decrease) in net assets from operations and capital share transactions