ETHFI and Zcash ETPs Launch on European Exchanges Amid Regulatory Pressure
Crypto news is dominated by a recent development in the European exchange-traded product market. Swiss-based 21Shares has announced the launch of two new ETPs on Euronext Amsterdam and Paris: ETHFI, which tracks the Ethereum price index, and ZEC, which represents the value of Zcash.
This move follows a series of recent listings in Europe, with several crypto assets being added to various platforms amidst rising regulatory pressure. The European Union's MiCA regulations have led some companies to expand their offerings to comply with new requirements.