Zcash (ZEC) briefly climbed above $1,600 as 21Shares listed its ZCASH exchange-traded product in Paris and Amsterdam, according to CryptoSlate. The new listings expand access to a Zcash-linked investment product on European venues. The move came alongside elevated privacy use reported by ZODL, adding to the market activity surrounding the privacy-focused cryptocurrency. CryptoSlate identified ZEC as the asset at the center of the surge and reported that the token briefly reached the $1,600 level. The listings and ZODL’s usage report were cited in coverage of the latest move, without further details on the duration of the price increase or the scale of trading activity. ZEC remains the relevant market asset for tracking the reported price action, while the 21Shares product is identified as ZCASH.
