According to CoinMeta, Grayscale launched its first Zcash ETF on NYSE Arca, with the trading code ZCSH. This is the first exchange-traded product in the United States that focuses on privacy-oriented crypto assets. The fund originates from Grayscale’s Zcash trust and manages over $313.5 million in assets. This launch coincides with a 65% increase in the price of ZEC over the past week, and institutional activity has increased before the listing. Subsequent trading and institutional capital flows will show the development of demand.