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Manila Times Business

21shares Expands Product Suite with Launches of ether.fi ETP (ETHFI) and Zcash ETP (ZCASH)

New physically backed products broaden European investor access to decentralised financial platforms,privacy-focused digital assets and quantum-resistant architecture via standard brokerage accounts ZÜRICH, 22 September 2026 - 21shares, a global leader in digital asset exchange-traded products (ETPs), today announced the launch of two new products: the 21shares ether.fi ETP (ticker: ETHFI) and the 21shares Zcash ETP (ticker: ZCASH). Both products are physically backed by their respective underly

Context & Analysis

Exchange-traded products are becoming the main doorway for traditional finance into digital assets. Instead of asking investors to run wallets, buy tokens on exchanges, or manage custody, a product can be held through familiar brokerage accounts with established clearing, reporting, and compliance processes. That matters because institutions often need clean legal wrappers before they will allocate capital, even if the underlying asset is still volatile or regulatory treatment differs by country.

The focus on decentralized finance infrastructure and privacy-oriented tokens shows where the industry is heading beyond Bitcoin and Ethereum. DeFi platforms can be attractive to tech-oriented investors but are harder for mainstream institutions because of smart-contract risk, governance complexity, and less familiar revenue models. Privacy-focused coins bring a different debate: confidentiality can be valuable for users who want it, yet regulators often ask for transparency in custody, anti-money-laundering controls, and tax reporting. Productizing such assets does not remove those risks; it shifts them into the issuer, custodian, and distribution chain.

For Philippine businesses and investors, the relevance is indirect but real. The Philippines has long been active in crypto adoption, with local banks, fintechs, and digital asset platforms navigating a regulatory environment that still needs clearer rules for cross-border products. If European brokerage channels can distribute such structured digital-asset offerings, other jurisdictions may follow with similar wrappers. That could affect how local funds access global digital assets, how asset managers structure offerings, and whether Philippine investors eventually get regulated local options instead of relying on offshore platforms.

The next signs to watch are distribution and regulation. Will major brokers in Asia offer comparable products? Will Philippine regulators define how exchange-traded products, tokenized funds, and privacy-focused tokens can be marketed or held by domestic clients? And will issuers expand into stablecoins, real-world assets, or more DeFi protocols? For local firms, the strategic takeaway is that digital assets are moving from speculative trading into institutional product design, where compliance, custody, and reporting become as important as price performance.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: manilatimes.net

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