Digital asset management giant Grayscale has submitted a proposal for a new privacy-focused exchange-traded fund (ETF) involving altcoin Zcash (ZEC).

If approved, the Grayscale Privacy ETF’s portfolio will primarily consist of exposure to data privacy solution providers, cybersecurity companies, blockchain-based privacy solutions, according to Form N-1A filed with the U.S. Securities and Exchange Commission (SEC) on Tuesday. and investments in cybersecurity companies.

While the fund will not invest directly in digital assets, it will allocate 10% of its portfolio to Grayscale Zcash Trust (ZCSH), a regulated financial product that only passively invests in Zcash. $ZEC