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Zcash price tops $1,600 as Europe lists first physically backed ZEC ETP with 2.5% fee

Market News
23 Sep 2026
Bitcoin
View Source
Bullish
Zcash price tops $1,600 as Europe lists first physically backed ZEC ETP with 2.5% fee

Zcash (ZEC) surged past $1,600 for the first time since 2016 following the launch of Europe's first physically backed Zcash exchange-traded product (ETP) by 21shares on Euronext Paris and Amsterdam. The ETP carries a 2.5% annual fee, reflecting the difficulty of sourcing and custodying ZEC. This European move follows Grayscale's U.S. listing and a 3-for-1 split of its Zcash ETF, which has seen strong demand. Notably, over 30% of ZEC supply is now shielded in encrypted pools, indicating serious investor commitment beyond speculation. The market cap reached $27.5 billion, and the key question is whether European investor flows will match U.S. levels.

Zcash (ZEC) on Pluang trades at Rp28.926.592 as of Sep 23, 2026 15:02 WIB, showing a strong 1-day gain of 7.04%. Its market cap stands at Rp7,04 trillion with 78% of its total supply circulating, reflecting solid investor interest. This price level contrasts with its historical peaks noted in the news, highlighting current momentum as European investors gain access through the new ETP.

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