Grayscale plans to increase its activities with ETFs. On Tuesday, the asset manager submitted a request to the SEC for a new Exchange Traded Fund that focuses on privacy. This ETF aims to monitor developments within the privacy and cybersecurity industry. Additionally, the US Banking Association is pushing the SEC to consider custodianship for a Bitcoin ETF. Bitcoinist reported on the latest developments in the cryptocurrency market. Grayscale, a crypto asset manager, has submitted a request for a privacy-focused ETF to the SEC. According to the filing, the ETF is designed to track the performance of five specific subcategories. The objective is to monitor and follow companies that are involved in data security, data protection, cybersecurity products and services, and technologies that prioritize privacy such as blockchain, artificial intelligence, and edge computing. Additionally, the ETF will allocate 10% of its holdings to Grayscale’s ZCash trust. The trust is actively investing in ZCASH, a token that emphasizes creating anonymous transactional outputs. The index plans to allocate 10% to the Privacy-Preserving Protocol sub-theme, aiming to capture investment exposure to digital assets focused on privacy and security through ZCASH. Zcash uses zero-knowledge proofs as the main way to provide users with privacy features. The popularity of Altcoin ETFs is growing after the strong performance of Bitcoin Spot ETFs.