21Shares launches first Zcash ETP and ETHFI ETP in Europe

21Shares has launched two physically-backed crypto ETPs on Euronext Paris and Amsterdam, including Europe's first Zcash (ZEC) ETP and an ETP tracking the ETHFI token. Both products provide exposure to the underlying assets without requiring direct custody, with an annual management fee of 2.5%. This follows the launch of a Zcash ETF (ZCSH) by Grayscale in the U.S., signaling growing institutional interest in the privacy coin.