Barry Silbert’s Zcash ‘No-ETF’ Gambit: A Masterclass in Sarcasm 🎩

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Barry Silbert, the indefatigable maestro of Digital Currency Group (DCG), recently delivered a soliloquy on BlackRock’s hypothetical foray into Zcash-based ETFs. His remarks, coinciding with Zcash’s (ZEC) latest price spike, were as dramatic as a West End play – if the plot involved blockchain and existential dread.

Silbert’s Zcash ETF Ode

On X, Silbert quipped, “Oh, how delightfully dramatic that BlackRock, the titan of asset management, would never grace Zcash with an ETF.” One might call it a Shakespearean twist: privacy coins vs. institutional giants, all while regulators sip tea and frown.

This pearl of wisdom followed a user’s impassioned plea that Zcash is “revenge” against governments, banks, and crypto’s abandonment of cypherpunk ideals. Silbert, ever the pragmatist, replied with the subtlety of a thunderclap: “Imagine that!” 😏

I personally love the fact that BlackRock will never, ever launch an ETF for Zcash

– Barry Silbert (@BarrySilbert) October 19, 2025

BlackRock, after all, has been busy with Bitcoin and Ethereum ETFs – the crypto equivalent of a Michelin-starred meal. Privacy coins? They’re more like that awkward cousin who insists on cryptic messages and refuses to show their face at family dinners. 🕵️♂️

While BlackRock’s 2024 ETFs were all about “regulatory ease” and “institutional appeal,” Zcash remains a thorn in their side. Why? Zero-knowledge proofs, darling – the blockchain’s version of a cloak-and-dagger party. Perfect for privacy, terrible for regulators who fancy themselves financial sleuths. 🕵️♀️

Still, Zcash’s bulls remain undeterred. Some claim it’s “only a matter of time” before regulators soften their stance. Others argue Zcash doesn’t need an ETF – it’s already the James Bond of crypto: suave, secretive, and slightly dangerous. 🎩

Zcash’s Bullish Ballet

Meanwhile, Zcash has been dancing to its own tune. At $240.25, ZEC is up 10% in a day and 378.9% on the month. It’s now the 30th-largest crypto, valued at $3.9 billion – a meteoric rise that would make even Noël Coward raise an eyebrow. 🚀

Earlier this month, ZEC leapt 27% in a day, then another 350% in two weeks. One might say it’s having a “very good week,” or perhaps it’s simply mocking the idea of market predictability. Either way, the party’s still going strong. 🍸

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2025-10-20 14:17