Zcash ETP Launches on Euronext, Offering European Investors Exposure

A European asset manager, 21shares, has launched a physically backed Exchange Traded Product (ETP) for Zcash. This ETP is now listed on Euronext Paris and Euronext Amsterdam. The product allows investors to gain exposure to Zcash through brokerage accounts without needing to hold the cryptocurrency directly.

The introduction of the Zcash ETP follows the launch of the Grayscale Zcash ETF in the United States, trading on NYSE Arca. The product carries an annual management fee of 2.5%, reflecting the growing institutional interest in the privacy coin across both European and North American markets.