21Shares Launches First European Zcash ETP Alongside ether.fi Product

European asset manager 21Shares listed physically backed exchange-traded products tracking Zcash (ZEC) and ether.fi (ETHFI) on Euronext Paris and Amsterdam on September 22, extending regulated European access to the privacy coin weeks after its U.S. debut.

The 21Shares Zcash ETP, which trades under the ticker ZCASH, is the first European exchange-traded product tied to the privacy-focused cryptocurrency, while the ether.fi ETP, ticker ETHFI, tracks the governance and utility token of the liquid restaking protocol.

What the two products hold Both products are physically backed, meaning the issuer holds the underlying cryptoassets with institutional custodians rather than replicating returns through derivatives.

The Zcash product carries ISIN CH1608218801 and the ether.fi product ISIN CH1608218819, according to 21Shares’ product pages. Each charges a 2.5 percent annual product fee and trades in euros in Paris and U.S. dollars in Amsterdam.