Zcash cruised past $1,000 last week for the first time in eight years. It topped the milestone by surging even higher over the last five days. The reason for the surge is not far-fetched. One news piece noted that the launch of exchange-traded funds tied to the altcoin was the fuel. It gained a whopping 24% between last Thursday and Friday, culminating in the asset adding over $200 to its value.