ZEC broke above $814 to reach $855, its highest since January 2018, as Grayscale filed the last amended registration to convert its Zcash Trust into a spot ETF trading on NYSE Arca under the ticker ZCSH. An earlier amendment disclosed that a DCG subsidiary is in nonbinding talks to contribute roughly 200,000 ZEC, about $110 million, to the fund. The word nonbinding is doing real work there, since the transaction could shrink or never happen at all.