21Shares launches physically backed Zcash ETP on Euronext as ZEC holds above $1,600

Multiple reports say 21Shares launched a physically backed Zcash (ZEC) ETP on Euronext exchanges in Paris and Amsterdam, and that ZEC was trading above $1,600 afterward ^{[1] [2] [3]}.

Blockonomi reported ZEC was up more than 70% over the prior 30 days while holding above $1,600, and it cited chart levels it described as a resistance zone between $1,560 and $1,615 with $1,800 as an upside target ^[1].

TheMoneyCheck page referenced the same theme of ZEC maintaining momentum above $1,600 following the 21Shares European ETP launch ^[3].

TheCoinrise reported that coverage of 21Shares’ new Zcash ETP (and an ether.fi ETP) agreed on launch details but diverged sharply on how much ZEC had gained over the prior year and on ZEC’s current valuation ^[4].