21Shares Lists Zcash and Ether.fi ETPs in Europe

21Shares has launched two physically backed exchange-traded products tracking Zcash and ether.fi on Euronext Paris and Amsterdam, extending regulated European access to the privacy-focused asset and the ether.fi token weeks after a U.S.-listed Zcash fund began trading. The investment manager announced the products on Sept. 22, identifying them as the 21Shares Zcash ETP, ticker ZCASH, and the 21Shares ether.fi ETP, ticker ETHFI. Product pages list Sept. 21 as the inception date for both securities. Each carries an annual product fee of 2.5 percent and holds its underlying crypto assets with third-party custodians. The products trade in euros in Paris and U.S. dollars in Amsterdam. ZCASH uses ISIN CH1608218801 and gives brokerage investors indirect exposure to ZEC without requiring them to manage private keys or open a crypto exchange account. Its documentation identifies institutional custody providers that can include Coinbase Custody, Zodia Custody, Anchorage Digital and BitGo entities, while the current key-information section names BitGo as custody provider. ETHFI, under ISIN CH1608218819, tracks the governance and utility token of ether.fi and uses the same fee structure.