21Shares Lists Physically Backed ZEC and ETHFI ETPs in Paris and Amsterdam

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21Shares Launches Physically Backed ZEC and ETHFI ETPs in Europe

BlockBeats news, September 23: European asset manager 21Shares has launched physically backed Zcash ETPs and Ether.fi ETPs on the Euronext Paris and Amsterdam markets, tracking ZEC and ETHFI respectively. Investors can gain exposure through brokerage accounts without directly holding the tokens.

ETHFI is the governance and utility token of the decentralized finance protocol Ether.fi. The annual management fee for both ETPs is 2.5%. (Cointelegraph)

Original link https://m.theblockbeats.info/flash/368508

Key points

21Shares has launched physically backed Zcash ETPs and Ether.fi ETPs on the Euronext Paris and Amsterdam markets.
The two ETPs track ZEC and ETHFI respectively.
Investors can gain exposure through brokerage accounts without directly holding the tokens.
ETHFI is the governance and utility token of the decentralized finance protocol Ether.fi.
The annual management fee for both ETPs is 2.5%.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

These two ETPs allow investors to gain exposure to ZEC or ETHFI through a brokerage account without directly holding the tokens.

Why it matters to readers

The products provide investors with brokerage account access to ZEC and ETHFI, but both ETPs charge a 2.5% annual management fee.

Beginners should focus on the tokens tracked by the ETPs, the purchase channels, and the annual management fees.

Risks and unknowns

The evidence does not specify the year corresponding to "September 23".
The evidence does not state the specific ticker symbols, issuance size, or price performance of the two ETPs.

21Shares Lists Physically Backed ZEC and ETHFI ETPs in Paris and Amsterdam

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