Head of Research @grayscale. Opinions are my own. Disclosure: https://xitter.cf/t.co/ojLj461iVI

Stamford, CT
Joined November 2021
Zach Pandl retweeted
*most things are DCF. Love that this topic is (finally) becoming more prominent in this asset class. Check this out from @Grayscale Crypto valuations don't have to rely on narratives alone. Onchain applications generate measurable economic value through earnings and capital returns, providing investors with a foundation for fundamental valuation. @LowBeta @charlieperk4 🤝 grayscale.com/the-stack/brin…
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Zach Pandl retweeted
Graphics Processing Unit (GPU) rental prices are hitting new highs, yet compute stocks are sitting near one-year lows. As AI agent demand continues to accelerate, compute scarcity is set to deepen. The Grayscale AI Compute ETF $GCPU offers exposure to the businesses powering the compute economy. Learn more: etfs.grayscale.com/gcpu.
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Zach Pandl retweeted
Grayscale has expanded the ability for investors to deliver crypto in exchange for ETF shares… Here’s the approx minimum $$$ amount of each crypto needed to do this. This space is evolving *quickly*.
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Zach Pandl retweeted
Solana is now 95% faster trillions
biggest upgrade in solana history today
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Zach Pandl retweeted
Introducing in-kind investing at Grayscale: contribute eligible digital assets directly in exchange for shares of a Grayscale product. Benefits for investors include: - Reduced burden of self-custody - Potentially lower execution costs - Incorporation into conventional portfolio management In-kind is now available for 10 Grayscale products: - Grayscale Avalanche Staking ETF ($GAVA) - Grayscale Bitcoin Mini Trust ETF ($BTC) - Grayscale Chainlink Trust ETF ($GLNK) - Grayscale Ethereum Staking Mini ETF ($ETH) - Grayscale Dogecoin Trust ETF ($GDOG) - Grayscale Hyperliquid Staking ETF ($HYPG) - Grayscale Solana Staking ETF ($GSOL) - Grayscale Sui Staking ETF ($GSUI) - Grayscale XRP Trust ETF ($GXRP) - The Zcash ETF ($ZCSH) Learn more about in-kind: grayscale.com/campaign/in-ki…
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Zach Pandl retweeted
AI compute infrastructure stocks ($CRW, $NBIS) have taken a beating of late. But compute demand continues to grow. This is an opportunity to add exposure to the AI compute layer. Read more on The Stack: grayscale.com/the-stack/comp…
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Zach Pandl retweeted
Solana
@solanaOct 16
1,400 TPS today. Soon: 150ms finality.
Solana ($SOL) is in a league of its own. Averaging 1,400 transactions per second versus just 40 TPS across other blockchain networks, its lead over rivals is only set to expand. Next week's consensus upgrade is expected to drop transaction finality to just 150 milliseconds. Read more on The Stack: grayscale.com/the-stack/the-…
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Zach Pandl retweeted
Bitcoin’s $BTC volatility has declined over the past decade as the asset has matured, with deeper liquidity, institutional participation, and regulation. Over the past year, Bitcoin’s realized volatility fell to 43%, down from 81% five years ago, placing it within the range of S&P 500 constituents. For investors already comfortable owning volatile equities, Bitcoin’s price fluctuations may be less daunting than assumed. Read more on The Stack: grayscale.com/the-stack/putt…
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Zach Pandl retweeted
Peter Van Valkenburgh's speech at the 2026 Coin Center Annual Dinner.
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Zach Pandl retweeted
We're excited to announce a partnership with @joinrepublic to expand access to Grayscale investment products for eligible investors. Grayscale products to be available on the Republic platform are: • Grayscale DeFi Fund: exposure to a basket of leading DeFi protocols $UNI, $AAVE, $ONDO, $ENA, $CRV, $LDO • Grayscale Decentralized AI Fund: exposure to protocols operating at the intersection of blockchain and AI $NEAR, $TAO, $RENDER, $FIL • Grayscale Data Network Trust: exposure to $DATA, the native token of the DATA Network. Visit the landing page on Republic to learn more: republic.com/grayscale-funds
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Zach Pandl retweeted
debasement => scarce fragmentation => decentralized surveillance => private cybersecurity => ai-hardened tldr: zcash is unstoppable
Zach Pandl
@LowBetaOct 13
The macro case for Zcash in ~10mins ⬇️⬇️
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Zach Pandl retweeted
ZEC is the @Metallica of crypto: - Have been around for a long time - Legit good and still crushing it - OGs respect it - Even those who don’t love it won’t say a bad word
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Zach Pandl retweeted
Replying to @LowBeta
@LowBeta's presentation at @Yield_Summit on The Macro Case for Zcash
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Zach Pandl retweeted
Tokenization is one of blockchain's biggest drivers of adoption. Grayscale Research attended @token2049 in Singapore, where tokenization was the buzziest topic. A key highlight was a partnership from @okx and @NYSE parent ICE. Read more on The Stack: grayscale.com/the-stack/thre…
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Zach Pandl retweeted
Covenants would add a heavy cost to any quantum attacker from stealing funds. You hacked the private key? Cool, you can just send it to my precommited next address.
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Zach Pandl retweeted
$SUI set a new world record: 40 million transactions per second (TPS) at Sui Basecamp in Singapore. Grayscale's Head of Research, @LowBeta, joined the stage: "SUI is building the infrastructure for crypto's next chapter."
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Replying to @Grayscale
@Grayscale x @Zcash Zcash founder @zooko and Grayscale Head of Research @LowBeta take the stage at @token2049 to discuss all things Zcash.
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Had the pleasure of hosting one of my favorite researchers at Grayscale. Thank you for the great discussions, @LowBeta! Exciting times coming to @puffer_unifi.
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Zach Pandl retweeted
One year of staking $ETH On October 6, 2025, Grayscale became the first US issuer to enable staking and rewards in spot crypto ETPs, including the Grayscale Ethereum Staking Mini ETF ($ETH). One year in: - The Grayscale Ethereum Staking Mini ETF ($ETH) has outperformed every other spot Ether ETP over the past 12 months¹ - $33.5+ million net rewards distributed² - $5.5 million in average daily trading volume³ - One of the lowest staking fees among US spot Ethereum ETPs⁴ $ETH offers exposure to Ether plus potential staking rewards, all in a brokerage account. No self-custody headaches, backed by institutional custodians and validator partners. Happy one year of staking! Learn more: etfs.grayscale.com/eth
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