21Shares Brings Zcash and Ether.fi Exposure to European Investors via New ETPs
21Shares has launched two new exchange-traded products (ETPs) in Europe, allowing investors to gain exposure to Zcash and Ether.fi. The ETPs are listed on Euronext Amsterdam and Euronext Paris and hold actual ZEC and ETHFI to back their value.
The move enables European investors to access these crypto assets through existing brokerage accounts without the need for direct custody or trading platforms. Each product carries a 2.5% management fee.
This development comes after The Block reported on September 22 that 21Shares listed spot-backed ETPs tied to ZEC and ETHFI. This new offering is part of 21Shares' efforts to provide investors with diversified exposure to the crypto market.