Europe Gets First-Ever Zcash ETP from 21Shares
21Shares has launched two new exchange-traded products (ETPs) in Europe, allowing investors to gain exposure to Zcash and Ether.fi without directly holding the cryptocurrencies. The ETPs are listed on the Paris and Amsterdam stock exchanges.
The Zcash ETP tracks the price of ZEC, which has recently seen significant gains, with its price breaking above $1500 at one point in recent history. In the past year, the cryptocurrency's value has risen by nearly 1100%.
Zach Pandl, research head at Grayscale, believes that Zcash may benefit from 'first-mover advantage,' which could help it overcome Bitcoin's established network effects. The company also noted that Fortitude Digital Mining mined around 28% of the total ZEC supply in the first half of 2026.