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Grayscale Zcash Trust (ZEC)

For the period ended Dec 31, 2025. Filed Mar 12, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 12, 2026

ZCSH$27.99-9.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Schedules of Investment at December 31, 2025 and

SCHEDULES OFINVESTMENT

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

Quantity of ZEC · Cost · Fair Value · % of NetAssets
Investment in ZEC393,522.33134026$47,911$200,441100%
Total Investment$47,911$200,441100%
Net assets$200,441100%
Quantity of ZEC · Cost · Fair Value · % of NetAssets
Investment in ZEC392,723.58934327$48,480$22,040100%
Total Investment$48,480$22,040100%
Net assets$22,040100%
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.