Euronext suspended CoinShares’ Zcash ETP, traded under the ticker ZCSH, on the same day it was scheduled to launch in Paris. According to the exchange operator, the suspension, which remains open-ended, is related to operational settlement requirements. The product can only be relaunched once the central securities depository is able to fully support standard settlement operations. The launch would have made ZCSH the fourth Zcash-based ETP in Europe, following products launched by 21Shares, Virtune and Valor. Euronext provided no timetable or technical details on how the infrastructure issue will be resolved.
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