%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment 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. The new ETF is a conversion of Grayscale's Zcash Trust and comes with a management fee of 2.50%. "We believe Zcash has a compelling long-term role to play and are proud to make its token accessible through the exchange-traded product structure," said Grayscale in a statement. Over the past few days, Zcash's price has risen 45% amid a broader rally in cryptocurrencies. Grayscale is known for offering several crypto-based trusts and ETFs, including its popular Bitcoin and Ethereum (CRYPTO: $ETH ) ETFs. Grayscale is privately held and its stock does not trade on a public exchange.