product

Valour launches Europe’s first Zcash ETP, undercutting 21Shares on fees

0Importance
closedStatus
2News media
2Pieces
Published
Updated
Since then
1 new report

Valour listed a Zcash exchange-traded product in Sweden on September 29, with a 1.9% annual management fee. The launch was framed as Europe’s first Zcash ETP and as a new way to access ZEC through Spotlight Stock Market.

Key claims & sources

✓
The launch was presented as Europe’s first Zcash ETP.
✓
The fee was described as lower than 21Shares’ fee for a Zcash product.
✓
Valour listed the Valour Zcash (ZEC) SEK ETP on Sweden’s Spotlight Stock Market on September 29.
✓
The product carries an annual management fee of 1.9%.

What it means

Users and market participants looking for Zcash exposure through Swedish listed products now have a new product on Spotlight Stock Market. The listing date and fee are already public, so the immediate change is the appearance of a tradable ZEC ETP with a stated 1.9% annual charge.

Before this listing, the space did not have this Valour Zcash ETP in Sweden, and the new product now sits in a market where another Zcash product from 21Shares is part of the comparison set. What stays the same is that the exposure is still tied to Zcash, while the fee difference remains one of the disclosed features of the product.

Market reaction i

ZcashZEC the event is about this asset
first headline
-3.0% 2 h before
+1.1% 4 h after
$1,399price at publication
12data points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 29 15:47
+3 h 42 m
Sep 29 19:30
Crypto Economy adds
Adds $397M and $7.8M, with quotes

Has this happened before?

WhenWhat happenedFigure
42 days ago Can This Bring Zcash-Style Privacy to Bitcoin Without a Fork? event 1 actors in common · 6 news media