21shares launches physically backed Zcash and Etherfi ETPs on Euronext

Zcash: Zcash is a privacy-centric cryptocurrency that enables shielded transactions using zero-knowledge proofs. The new physically backed ETP listed on Euronext Amsterdam and Paris allows European investors to gain exposure to native Zcash through conventional investment platforms. 21shares: 21shares is a Switzerland-based issuer specializing in exchange-traded products that provide regulated exposure to cryptocurrencies and digital assets. The firm focuses on bringing crypto investments to traditional financial markets through physically backed structures. Its latest launch of Zcash and Etherfi ETPs on Euronext extends this approach to European investors via standard brokerage accounts. Etherfi ETP: The Etherfi ETP is a physically backed exchange-traded product tied to Ether.fi, a decentralized protocol on Ethereum. Launched by 21shares on Euronext, it provides investors with regulated access to the underlying Ethereum-based asset via traditional brokerage accounts. Product Structure: Both new products are physically backed, aligning with 21shares' focus on regulated vehicles for digital asset exposure in Europe. European Market Access: The ETPs enable investors to hold exposure to Zcash and Ether.fi assets through standard brokerage accounts rather than direct crypto wallets.