Investors in France and the Netherlands can now access the Zcash and ETHFI tokens without direct custody through new managed instruments. 21Shares listed the physically backed exchange traded products on the Euronext Paris and Amsterdam exchanges, providing regulated exposure via traditional brokerage accounts.

The price of Zcash climbed past $1,600 for the first time since 2016 following the launch of the region's first Zcash ETP. Both the Zcash and Etherfi products carry a 2.5% annual management fee. The release comes after Grayscale debuted a spot Zcash ETF on NYSE Arca in the United States.