Euronext has resumed trading for CoinShares' Zcash ETP following a temporary halt on its debut day. The exchange attributed the suspension to securities-depository settlement requirements, while CoinShares disputed this claim, stating that settlement issues were not involved.
The halt occurred shortly after the product's launch, raising questions about the coordination between exchanges and asset managers in handling new crypto-based financial instruments. CoinShares, a prominent digital asset investment firm, emphasized that the issue was unrelated to its operations or the product itself.
The resumption of trading signals a resolution to the technical or procedural challenges that led to the initial suspension. While Euronext did not provide further details on the nature of the settlement requirements, the swift restart suggests a quick resolution to the matter.