Grayscale announced the launch of the Zcash Invest educational platform and a large-scale advertising campaign focused on Zcash (ZEC) and the ZEC ETF (ZCSH)

Grayscale plans to allocate $1 million to support the Zcash ecosystem. The first $400,000 has already been distributed among four organizations: Zcash Foundation, Pretty Good Policy, Shielded Labs, and Project Tachyon — $100,000 each.

Grayscale also intends to allocate 100% of the management fee for the ZCSH ETF to Zcash development, promotion, and educational initiatives during the first year after the fund is registered as an exchange-traded product.