Valour, a subsidiary of Nasdaq-listed DeFi Technologies, launched a Zcash exchange-traded product (ETP) on Sweden’s Spotlight Stock Market on September 29, with a 1.9% management fee. 21Shares also announced the launch of Europe’s first physically backed Zcash ETP on Euronext Paris and Amsterdam, while the Grayscale ZCash ETF (ZCSH) reached $1 billion in assets under management. ZEC price surged nearly 200%, rising from $480 to $1,400, before retreating from the $1,600 level. The key support at $1,427 has been broken and now acts as resistance, pointing to a potential deeper correction toward Fibonacci levels at $1,182 or $1,292.
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