21Shares launches Europe's first Zcash ETP alongside Ether.fi product on Euronext
Asset manager 21Shares has launched physically backed exchange-traded products for Zcash and Ether.fi on Euronext Paris and Euronext Amsterdam. The Zcash vehicle marks Europe's first ETP tracking the cryptocurrency, and both products carry a 2.5% annual management fee.
Asset manager 21Shares has launched physically backed exchange-traded products (ETPs) for Zcash and Ether.fi's ETHFI governance token on Euronext Amsterdam and Euronext Paris. The Zcash launch represents the first exchange-traded product tied to Zcash in Europe. Both products carry a 2.5% annual management fee and provide regulated exposure through standard brokerage accounts, holding the underlying tokens in custody rather than requiring direct investor custody.[1][2][3][5][9]
The Zcash ETP trades under the ticker ZCASH with ISIN CH1608218801, offering a euro listing in Paris and a U.S. dollar listing in Amsterdam. The issuer's product page designated Sept. 21 as the inception date ahead of the public announcement on Sept. 22. Wu Blockchain reported that the European listing follows Grayscale's launch of a spot Zcash ETF on NYSE Arca in the United States.[2][5][7]
Market data coincided with substantial activity around the listing. CoinGecko reported that ZEC broke past $1,600 for the first time since 2016 following the launch. CryptoSlate noted an intraday high of $1,651 on Sept. 23 before a retrace to around $1,487, while Decrypt placed Wednesday's intraday peak near $1,680. Ahead of the debut, Messari registered over $23 billion in weekly network transfer volume, and Zodl counted 62,379 shielded transactions in the same weekly span.[4][5][8]
Key facts
- 21Shares launched physically backed ETPs tracking Zcash and Ether.fi's ETHFI governance token on Euronext Paris and Amsterdam.
- The Zcash ETP is the first exchange-traded product tracking Zcash in Europe.
- Both the Zcash and Ether.fi ETPs carry an annual management fee of 2.5% and provide exposure without requiring direct custody of tokens.
- The Zcash ETP trades under the ticker ZCASH and ISIN CH1608218801, with a euro listing in Paris and a dollar listing in Amsterdam.
- Wu Blockchain reported the European debut follows the listing of Grayscale's spot Zcash ETF on NYSE Arca in the United States.
- ZEC traded above $1,600 during the launch period, with reported Sept. 23 highs between $1,651 and near $1,680 before a retrace toward $1,487.
- Messari reported over $23 billion in weekly network transfer volume for Zcash, while Zodl recorded 62,379 shielded transactions in the prior week.
Sources · 9 sources
- CO
Cointelegraph@CointelegraphPost on X ·
🔥 HUGE: 21Shares just launched a physically backed $ZEC ETP in Europe, giving investors direct Zcash exposure through a traditional exchange-traded product. https://t.co/Y5XpUoi3Pi
Open source - WB
Wu Blockchain@WuBlockchainPost on X ·
21Shares Launches Europe's First Zcash ETP Alongside ETHFI Product on Euronext Asset manager 21Shares has launched the region’s first exchange-traded product tied to Zcash, listing the physically backed ETP on Euronext Paris and Amsterdam alongside a physically backed product tracking Etherfi's governance token, ETHFI. Both exchange-traded products carry an annual management fee of 2.5% and offer regulated exposure via traditional brokerage accounts without direct token custody. The European debut follows Grayscale's launch of its spot Zcash ETF on NYSE Arca in the United States.
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: 21shares has launched physically backed Zcash and etherfi ETPs on Euronext Amsterdam and Paris. The products offer European investors exposure to zcash:native and ethereum:0xfe0c30065b384f05761f15d0cc899d4f9f9cc0eb through traditional brokerage accounts, with each carrying a 2.5% fee.
Open source - CO
CoinGecko@coingeckoPost on X ·
$ZEC breaks past $1,600 for the first time since 2016 after 21shares launches Europe's first Zcash ETP on Euronext Paris and Amsterdam. https://t.co/LdKnNOyZpA
Open source - CR
CryptoSlateArticle ·
Why Zcash soared to $1,600 as Europe unlocks new ETP access 21Shares has launched a Zcash ETP, a physically backed exchange-traded product, on Euronext Paris and Amsterdam, opening a brokerage route to ZEC for European investors. The issuer announced the listing on Sept. 22 as Zcash rallied, but the price advance began before the product arrived. The 21Shares Zcash ETP trades as ZCASH, with a euro listing in Paris and a dollar listing in Amsterdam. Its ISIN is CH1608218801. The product holds ZEC through its structure, giving investors price exposure without requiring them to buy or custody tokens directly. Its annual fee is 2.5%, and brokerage charges may add to the cost. The investor holds the listed product while the underlying ZEC is kept within its custody structure, a different experience from acquiring coins and moving them between personal wallets. In its launch post , 21Shares called it the first Zcash ETP available to European investors. Related Reading Zcash breaks $1,000 as its spot ETF crosses $400 million in assets The distinction between product inception and public launch matters here. The issuer's product page gives Sept. 21 as the inception date, while its listing announcement came Sept. 22. ZEC was already trading around $1,540 on Sept. 19, when CryptoSlate covered a rally tied to growing attention on Grayscale's separate U.S. Zcash ETF. The European product therefore adds a new access point to an established price move. On Sept. 23, Zcash recorded a 24-hour ZEC high of $1,651 before retracing to around $1,487 as of press time. Related Reading ZEC’s 100% rally above $1500 sends Grayscale’s Zcash ETF within $85 million of $1 billion Weekly activity reaches multiyear highs Messari reported more than $23 billion in Zcash transfer volume last week, its highest weekly total since 2021 and second-highest on record. That measure counts value moving on the network. Capital flows into ZEC or the new ETP require different data, so the $23 billion figure describes network movement rather than fresh investment. On X, Zodl reported 62,379 shielded transactions last week, the highest weekly reading since 2022. Shielded transactions conceal details that would otherwise be visible on the public chain. The count measures transactions rather than distinct users. Subsequent weekly readings will show whether that level of shielded activity persists. Related Reading Zcash is borrowing crypto’s new institutional playbook as privacy goes mainstream The new European listing and the two activity readings give investors fresh ways to assess Zcash beyond its price. Changes in ZCASH's assets will offer a separate gauge of take-up through European brokerage accounts. Those signals will develop on different timelines as the product begins trading. The post Why Zcash soared to $1,600 as Europe unlocks new ETP access appeared first on CryptoSlate .
Open source - DE
DecryptArticle ·
Zcash's Wall Street Moment Reaches Europe With Its First ETP Listing 21Shares listed Europe's first Zcash exchange-traded product on Euronext Paris and Amsterdam this week as ZEC continues its banner year.
Open source - TW
The Wolf Of All Streets@scottmelkerPost on X ·
NEW: 21SHARES LAUNCHES $ZEC ETP UNDER TICKER ZCASH ON EURONEXT AMSTERDAM AND PARIS
Open source - DE
Decrypt@DecryptMediaPost on X ·
21Shares listed Europe's first $ZEC exchange-traded product on Euronext Paris and Amsterdam, trading as ZCASH with a 2.5% annual fee. ZEC spiked to an intraday high near $1,680 on Wednesday. https://t.co/xtxZYBcFyj
Open source - CO
CoinMarketCap@CoinMarketCapPost on X ·
LATEST: ⚡️ 21Shares launched physically backed ETPs for ether.fi and Zcash, listing both on Euronext Amsterdam and Paris with a 2.50% fee. https://t.co/NiEA3vlSgF
Open source