GRAYSCALE ZCASH

Ticker: ZCSH CUSIP: 38964G108 Class: TRUST LTC SHS

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
HORIZON KINETICS ASSET MANAGEMENT LLC15,173$477
Total (1 institutions)15,173$477