Grayscale said options trading has begun on ZCSH, its spot Zcash ETF listed on NYSE Arca and described as the world’s first Zcash ETF. The fund launched on Aug. 25, while the new contracts give investors exposure to ZCSH’s price through predetermined trading terms. ZEC was trading at $1,161.24, down 1.15%, according to CoinMarketCap, when the announcement was reported.