Zcash and Ether.fi Gain Regulated Access Through 21Shares ETPs

21Shares has expanded its lineup of exchange-traded products (ETPs) by listing two new physically backed offerings on Euronext Paris and Amsterdam. The Zcash ETP trades under the ticker ZCASH with ISIN CH1608218801, while the ether.fi ETP is listed as ETHFI with ISIN CH1608218819. Both products track the underlying tokens without requiring investors to manage private keys or set up exchange accounts.

The annual management fee for both ETPs is 2.5%, higher than most Bitcoin and Ethereum investment products available in Europe. The Zcash ETP gives investors exposure to ZEC, which has seen significant growth over the past year, recently trading above $1,500 with a gain of nearly 1,100% over the last 12 months.

Jasmin Muelhaupt, director of financial product development at 21Shares, highlighted Zcash's combination of a fixed supply cap and optional privacy features as key advantages. She noted that bringing both assets onto traditional exchanges as ETPs makes it easier for investors to add them to their portfolios.