21shares launches physically backed ZEC and ETHFI ETPs in Europe

BlockBeats news, September 23, European asset management company 21shares launched physically-backed Zcash ETP and Ether.fi ETP on Euronext Paris and Amsterdam markets, tracking ZEC and ETHFI respectively. Investors can gain exposure through brokerage accounts without directly holding the tokens.

ETHFI is the governance and utility token of the decentralized finance protocol Ether.fi. Both ETPs have an annual management fee of 2.5%. (Cointelegraph)