ETHFI and Zcash ETPs Launched in Europe with 2.50% Fee
21Shares has expanded its lineup of exchange-traded products (ETPs) to include exposure to ether.fi's ETHFI token and Zcash.
The two new ETPs, which began trading on Euronext Paris and Amsterdam on September 22, are physically backed and charge a 2.50% annual product fee.
This is significantly higher than the fees charged by 21Shares' core Bitcoin and Ethereum products, which currently carry a 0.10% fee under an extended waiver through June 2027.
The ETHFI ETP packages exposure to a token whose investment case has been changing alongside the ether.fi protocol itself.