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Zcash ETF assets near $890 million, 21Shares lists Europe's first Zcash ETP

Source: decrypt.co
Odaily News: Crypto asset ETP issuer 21Shares listed Europe's first Zcash exchange-traded product (ETP) on Euronext Paris and Amsterdam on September 22 under the ticker ZCASH, with an annual management fee of 2.5%. The product physically holds ZEC, with BitGo serving as custodian.ZCASH trades in euros in Paris and in U.S. dollars in Amsterdam. On its first day, 5,000 units were issued at a net asset value of $20.04 per unit, with assets under management of approximately $100,000. Grayscale's Zcash ETF ZCSH has assets nearing $890 million and will complete a 3-for-1 share split on September 30. (Decrypt)

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