Why Zcash soared to $1,600 as Europe unlocks new ETP access

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21Shares launched a physically backed Zcash ETP on Euronext Paris and Amsterdam, offering European investors brokerage access to the crypto. ZEC peaked at $1,651 on September 23 before retracing to around $1,487. Weekly transfer volume exceeded $23 billion, its highest since 2021, while shielded transactions reached their highest weekly reading since 2022. The ZCASH ETP, traded with ISIN CH1608218801, carries a 2.5% annual fee and holds tokens in custody on behalf of investors.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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