Privacy coins are having a moment that is hard to ignore. ZEC hit an all-time high near $1,225 this week — roughly 550% above its 2026 lows — driven largely by the launch of the first US-listed privacy coin ETF from Grayscale, which pulled in over $460M in assets almost immediately. 🔒 The broader privacy sector is now the only crypto segment trading above its October 2025 levels, with total market cap jumping from around $7B to over $33B in less than a year. What makes this interesting is the institutional angle: ETF approval essentially reopened a door that had been shut for compliant capital, and the market responded fast. 📈 As always with explosive moves like this, elevated RSI readings and large short positions building up suggest the ride could get bumpy — understanding the mechanics behind any move is just as important as watching the price.