Company: ZCSH
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0000950170-25-035469
Chunk: 261

Company: Grayscale Zcash Trust (ZEC)
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1B
Chunk 261
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47,555 as of December 31, 2024 and 2023, respectively)
     
    $
    22,040

    $
    8,961

    Total assets
     
    $
    22,040

    $
    8,961

    Liabilities:

    Sponsor’s Fee payable, related party
     
    $
    -

    $
    -

    Total liabilities

    -

    -

    Net assets
     
    $
    22,040

    $
    8,961

    Shares issued and outstanding, no par value (unlimited Shares authorized)

    4,700,500

    3,777,700

    Principal market net asset value per Share
     
    $
    4.69

    $
    2.37

See accompanying notes to financial statements.

F-4

GRAYSCALE ZCASH TRUST (ZEC) 

SCHEDULES OF INVESTMENT

(Amounts in thousands, except quantity of ZEC and percentages) 

    December 31, 2024

    Quantity of ZEC

    Cost

    Fair Value

    % of NetAssets

    Investment in ZEC

    392,723.58934327

    $
    48,480

    $
    22,040

    100
    %

    Net assets

    $
    48,480

    $
    22,040

    100
    %

    December 31, 2023

    Quantity of ZEC

    Cost

    Fair Value

    % of NetAssets

    Investment in ZEC

    323,614.61762737

    $
    47,555

    $
    8,961

    100
    %

    Net assets

    $
    47,555

    $
    8,961

    100
    %

See accompanying notes to financial statements.

F-5

GRAYSCALE ZCASH TRUST (ZEC) 

STATEMENTS OF OPERATIONS

(Amounts in thousands) 

    Years Ended December 31,

    2024

    2023

    2022

    Investment income:

    Investment income
     
    $
    -

    $
    -

    $
    -

    Expenses:

    Sponsor’s Fee, related party

    296

    270

    739

    Net investment loss