21Shares Launches First Zcash ETP in Europe, Grayscale ZCSH Approaches $890M AUM

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On September 22, 2026, 21Shares launched the first Zcash ETP in Europe on Euronext in Paris and Amsterdam under the ticker ZCASH. The product carries a 2.5% annual management fee and physically holds ZEC, with custody provided by BitGo. ZCASH trades in euros in Paris and in dollars in Amsterdam, with 5,000 units issued at a net asset value of $20.04 per unit, resulting in approximately $100,000 in AUM. Grayscale’s ZCSH ETF news reports an AUM of nearly $890 million and will undergo a 1-for-3 share split on September 30. This on-chain development marks a key milestone in the ETP market.

Odaily Planet Daily report: On September 22, crypto asset ETP issuer 21Shares launched Europe’s first Zcash exchange-traded product (ETP) on the pan-European exchanges in Paris and Amsterdam, under the ticker ZCASH, with an annual management fee of 2.5%. The product physically holds ZEC, with BitGo serving as the custodian.

ZCASH trades in euros in Paris and in dollars in Amsterdam, with an initial issuance of 5,000 shares at a net asset value of $20.04 per share, resulting in approximately $100,000 in assets under management. Grayscale’s Zcash ETF, ZCSH, with assets nearing $890 million, will complete a 1-for-3 stock split on September 30. (Decrypt)

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