There is a new crypto exchange-traded product on the block.

On Tuesday morning, Grayscale launched the first ETF to offer direct exposure to Zcash, the privacy-focused cryptocurrency.

Grayscale debuted the Zcash ETF under the ticker symbol ZCSH on NYSE Arca.

Zcash launched in 2016 and is known for its privacy features.

The new ETF is a conversion of Grayscale's Zcash Trust.