21Shares listed Europe’s first physically backed Zcash exchange-traded product on Euronext Paris and Euronext Amsterdam on Sept. 22, offering regulated exposure to ZEC through the ZCASH ticker. ZEC subsequently traded as high as $1,620 in the latest report, while earlier reports placed its intraday peak near $1,680; its market capitalization was reported at $27.2 billion to $27.5 billion, ranking it ninth among crypto assets. Grayscale’s Zcash fund added more than $32.8 million on Tuesday and $35 million so far this week, lifting monthly inflows to $284 million and assets to $979 million. The fund charges a 2.5% expense ratio. Demand has also been reflected in shielded ZEC, which rose to 4.91 million tokens, its highest level since May 25, while daily trading volume exceeded $2 billion. Technical readings remained elevated, though the RSI fell to 72 from 88 and the Percentage Price Oscillator formed a bearish divergence, raising the prospect of a retreat toward $1,288 support before a possible renewed advance.