Grayscale launched its first Zcash ETF, ZCSH, which began trading on NYSE Arca on Tuesday. The product was converted from Grayscale Zcash Trust and is the first ETF to offer investors direct exposure to Zcash. It carries a 2.5% fee, and Grayscale said the revenue from that fee will go back into the Zcash ecosystem to support the network and its broader development. As of Monday, Grayscale Zcash Trust had more than $313.5 million in assets under management. The Block data showed ZEC had risen about 45% over the past few days.