Zcash Gets First European ETP After US ETF Launch
Zcash ETP brings regulated ZEC exposure to European brokerage accounts See how 21Shares and ETHFI listings tap rising crypto demand
21Shares has listed a physically backed Zcash exchangetraded product on Euronext Paris and Amsterdam, giving European investors regulated exposure to ZEC through brokerage accounts. The launch follows the recent debut of a Grayscale Zcash ETF in the United States.
The company also introduced a physically backed ETP tied to ETHFI, the governance token of the Ether.fi protocol. Both products charge a 2.5% annual management fee.
The listings come after Zcash posted a strong rally over the past year, drawing more attention from investors and miners. The article also notes that interest in privacyfocused crypto assets has increased as issuers expand beyond Bitcoin and Ether.