secwatch.observer — SEC 8-K summary
======================================

Issuer:     Grayscale Zcash Trust (ZEC) (ZCSH)
CIK:        0001720265
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000950170-23-017503
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CoinDesk removes Binance.US from Zcash Price Index; Grayscale Zcash Trust uses Coinbase Pro, Gemini, Kraken
--------------------------------------------------------------------------------

- Effective April 29, 2023, Binance.US removed from CoinDesk Zcash Price Index due to failing minimum liquidity requirement.
- No new exchange added; remaining constituent exchanges are Coinbase Pro, Gemini, and Kraken.
- Index Provider may adjust trading venues at any time and conducts quarterly reviews for additions/removals.
- This change directly impacts the index used to derive the Trust's net asset value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720265/000095017023017503/0000950170-23-017503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720265/000095017023017503/zcsh-20230429.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017503

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer