Phí ủy thác Zcash của GrayScale tăng vọt: Giá ZEC tăng 15 lần, phí hàng tuần từ 32,000 lên 440,000 USD

【Coin Circle】Grayscale’s Zcash Trust product has recently attracted attention, mainly because its management fees have shown significant changes following ZEC price movements. Weekly fees reached $440,000, while six months ago they were only $32,000—more than ten times higher.

The logic behind this is not complicated. The trust charges an annual management fee rate of 2.5%, which means that as your asset size grows, absolute fees increase accordingly. ZEC’s price has appreciated approximately 15 times during this cycle, and Grayscale’s collected fees have grown almost synchronously by 15 times, which is essentially a direct reflection of changes in AUM (Assets Under Management).

According to the latest data, this trust currently holds 393,000 ZEC. Judging from the speed of fee growth, ZEC’s rally this cycle is indeed impressive, not only pushing up the trust’s scale but also causing Grayscale’s management fee income to rise proportionally. This also reflects institutional investors’ sustained attention to privacy coins like Zcash.