21Shares Lists First Zcash ETP in Europe

Crypto ETP issuer 21Shares has launched Europe's first Zcash ETP on Euronext Paris and Amsterdam under the ticker ZCASH. The product, which physically holds ZEC and is custodied by BitGo, carries an annual management fee of 2.5%. It trades in EUR in Paris and USD in Amsterdam, with an initial AUM of approximately $100,000. Separately, the Grayscale Zcash ETF (ZCSH) is set to undergo a 3-for-1 stock split on September 30.