21shares Expands Product Suite with Launches of ether.fi ETP (ETHFI) and Zcash ETP (ZCASH)
21shares launched two new ETPs: ether.fi ETP (ETHFI) and Zcash ETP (ZCASH), both physically backed and trading on European exchanges. ETHFI offers exposure to ether.fi's ecosystem, while ZCASH focuses on privacy and quantum-resistant architecture. Both have a 2.50% fee and aim to simplify crypto investment for European investors.
How this was made
The 30-second read
Why it matters
The launch creates a new regulated conduit for European investors to access these cryptocurrencies, potentially increasing demand and price stability.
Market read
First‑time offering of regulated ETH and ZEC exposure in Europe, likely to attract new capital to the crypto sector.
What to watch
Regulatory scrutiny on crypto ETPs could affect long‑term viability.
Background
21shares, a Swiss crypto‑ETP provider, announced two new physically‑backed exchange‑traded products for Ethereum and Zcash, listed on Euronext.
Ticker impact
21shares launched a physically‑backed Zcash ETP (ZCASH) offering investors exposure to Zcash privacy coin.
Possible modest price support for ZEC as new investors enter.
New ETP adds liquidity and credibility to Zcash in European markets.
Market effects
Expands crypto‑ETF/ETP sector, may spur further product launches.
Boosts European crypto‑investment offerings, attracting local retail and institutional capital.
Adds to global demand for regulated crypto exposure, potentially influencing broader crypto pricing.
Counterpoint
ETP fees are high (2.5%); investors may prefer direct crypto holdings or lower‑cost ETFs.
Key entities
- company21shares
Swiss provider of crypto exchange‑traded products.
- cryptocurrencyEthereum
Leading smart‑contract platform, underlying asset of the ETHFI ETP.
- cryptocurrencyZcash
Privacy‑focused cryptocurrency, underlying asset of the ZCASH ETP.


