The Winklevoss Asset Services filed a preliminary S-1 with the U.S. Securities and Exchange Commission (SEC) on Tuesday, October 6, for a spot Zcash (ZEC) exchange-traded fund (ETF). It states that it would charge a 0.25% annual sponsor fee, which is one-tenth of what market leader Grayscale charges on the only live U.S.
The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment.
Winklevoss Asset Services submitted a registration statement to the SEC for a spot zcash ETF under the ticker WINK on Nasdaq. The ETF offers direct price exposure to zcash (ZEC) rather than derivatives, using a cash-creation model for share creation and redemption.
Winklevoss Asset Services has filed for a Nasdaq-listed spot Zcash ETF under the proposed ticker WINK, as ZEC has gained more than 5% in 24 hours and is trading above $1,376.
Fortitude Mining has signed a non-binding agreement for up to $100 million of Bitmain's next-generation zcash mining hardware, securing priority access ahead of an expected 2027 rollout. Fortitude Secures Priority Access to Bitmain's 2027 Zcash Miners Fortitude Mining is preparing to make a much bigger wager on zcash (ZEC).
The proposed fund would hold ZEC directly, trade on Nasdaq under "WINK" with Gemini as custodian, and add the Winklevoss twins to a wave of institutional interest in the privacy coin.
The U.S. Zcash ETF market is moving beyond the question of whether investors want regulated exposure to ZEC. The next question is which issuer can capture that demand.
Winklevoss Asset Services has filed for a spot Zcash ETF with the U.S. SEC, seeking approval to list a fund holding ZEC directly on the Nasdaq exchange under WINK. Ad Ad Winklevoss Spot Zcash ETF Targets Nasdaq Winklevoss Asset Services filed an S-1 registration statement with the U.S. SEC on Oct. 6.
Fortitude expands Zcash mining with priority access to unreleased BITMAIN machines and a potential $100M order as ZEC prices rise.
The proposed fund would charge a 0.25% fee and names Zcash treasury company Cypherpunk Technologies as its ecosystem partner.
The rise of privacy coins like Zcash and Monero highlights growing investor interest in decentralized finance, despite regulatory challenges. Zcash and Monero lead gains as Bitcoin remains flat.
The proposed fund would trade on Nasdaq under the ticker WINK.