Asset manager Grayscale Investments has launched the first exchange-traded fund (ETF) that tracks the spot price of cryptocurrency Zcash (CRYPTO: $ZEC).
Zcash is a decentralized, privacy-focused cryptocurrency that was launched in 2016 and derived from Bitcoin's (CRYPTO: $BTC) original codebase.
Grayscale has launched the Zcash ETF under the ticker symbol "ZCSH" on the NYSE Arca exchange.
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