Asset manager 21Shares has listed Europe’s first exchange-traded product (ETP) linked to Zcash on the Euronext Paris and Euronext Amsterdam exchanges. The product is 100% backed by physical ZEC, allowing investors to compliantly allocate a Zcash exposure directly through traditional brokerage accounts. Meanwhile, 21Shares has also simultaneously launched a physically backed ETP tracking Etherfi governance token ETHFI (ETHFI). The annual management fee rate for both products is 2.5%. Previously, Grayscale had already launched a Zcash ETF on NYSE Arca in the U.S., with the ticker ZCSH. (Cointelegraph) https://cointelegraph.com/news/21shares-zcash-etp-europe-etherfi?utm_source=rss_feed