21shares launches physically backed ETPs for ZEC and ETHFI in Europe.
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European asset management firm 21shares has launched physically backed Zcash ETP and Ether.fi ETP on Euronext’s Paris and Amsterdam markets, tracking ZEC and ETHFI respectively. Investors can gain exposure to these assets via brokerage accounts without directly holding the underlying tokens. ETHFI is the governance and utility token of decentralized finance protocol Ether.fi. Both ETPs carry an annual management fee of 2.5%. (Cointelegraph)
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