21Shares Lists Europe’s First Zcash ETP on Euronext: ZEC Price Rises

21Shares Zcash ETP Listing: Key Metrics, Pricing, and Market Rivals

Zcash coin price today jumped more than 10%, changing hands near $1,605, right as Europe got its first taste of a regulated Zcash ETP. The new product from Swiss issuer 21Shares opened for trading on Euronext Paris and Euronext Amsterdam this week. 

It gives investors on the continent a way to hold ZEC exposure through a normal brokerage account instead of a crypto exchange. 

Source: Official Announcement

The ZEC ETP listing arrives weeks after Grayscale rolled out its spot Zcash ETF in the United States, and the pairing has pulled privacy coins back into the conversation.

21Shares Zcash ETP Details: Ticker, Fees, and Euronext Listing Data

21Shares built the Zcash ETP as a physically backed product, meaning actual ZEC sits in custody rather than being tracked through derivatives. Alongside it, the firm listed a matching product tied to Etherfi's ETHFI token.

Key details from the debut: 

• Ticker: ZCASH (ISIN CH1608218801)

• Structure: Physically backed, with ZEC held by a custody partner

• Annual management fee: 2.5%

• Listing venues: Euronext Paris and Euronext Amsterdam

• Early scale: roughly 5,000 securities outstanding, a net asset value near $20, and early assets under management close to $100,000

Source: 21shares.com

That fee sits well above what most Bitcoin or Ethereum funds charge, which reflects the smaller, newer market for privacy-focused crypto products.

Zcash Price Today Climbs as Europe Gains New Regulated Access

ZEC crypto price today is telling its own story. Current figures from CoinMarketCap:

• Price: $1,605.30, up 10.45% in 24 hours

• Market cap: $27.21B, up 10.37%

• 24-hour volume: $1.92B, up 42.62%

• Fully diluted value: $33.86B

• Circulating supply: 16.88M ZEC out of a 21M max supply

By comparison, on the same day (September 23), bitcoin price moved only 1.17% to $86,811, which shows how much of this rally is specific to ZEC trading rather than the broader market.

Zcash Vs Monero: Comparing Privacy Coin 2026 Designs Today

Zcash and Monero both fall under the crypto privacy coin 2026 conversation, but they solve privacy differently. 

• Zcash uses zero-knowledge proofs and lets users choose between shielded and transparent transactions. 

• Monero applies privacy by default to every transaction through ring signatures and stealth addresses, with no capped supply.

That optional-privacy design is likely why Zcash has found an easier path into regulated products. Monero, by contrast, has faced repeated delistings from major exchanges and has no ETF or ETP to date.

Grayscale ZCSH ETF Versus the New European Zcash ETP

Grayscale's spot Zcash ETF, trading as $ZCSH on NYSE Arca, launched in the United States in late August 2026 and has already pulled in far larger assets, with reports placing its AUM well above $500 million. 

Source: sec.gov

Both the US and European products charge the same 2.5% fee, but adoption so far looks very different in scale. 

What Comes Next for Zcash and Privacy Coins

This debut marks a real shift for crypto privacy coins, moving them from a niche corner of crypto into standard brokerage accounts. If demand grows the way it did for early Bitcoin and Ethereum funds, more issuers may follow with similar product listings. 

For now, ZEC trading remains volatile, fees on these products are high, and anyone considering exposure should weigh the risks carefully before acting. This is not financial advice.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Crypto markets carry significant risk. Always do your own research before making any investment decisions.