Settlement concerns prompt Euronext to halt CoinShares’ Zcash ETP ahead of debut

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Euronext suspended CoinShares’ Zcash exchange-traded product (ETP), ticker ZCSH, on Wednesday, just before its scheduled launch on the Euronext Paris exchange. The suspension, which remains in place until further notice, is based on “operational settlement requirements.” It will remain in effect until standard settlement operations can be fully supported by the Central Securities Depository (CSD). The delay prevents the listing of the fourth Zcash-based ETP in Europe, following products launched earlier this year by 21Shares, Virtune and Valor. CoinShares did not respond to Cointelegraph’s request for comment before publication.

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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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