Another Zcash ETF Is Coming: Winklevoss Twins File for 'WINK'
Summary
Cameron and Tyler Winklevoss filed an S-1 with the SEC to launch the spot Winklevoss Zcash ETF, which would hold ZEC, trade on Nasdaq as WINK and charge a 0.25% sponsor fee. Gemini would custody the holdings, and Winklevoss Capital expressed non-binding interest in purchasing up to $100 million of shares. The filing comes as Zcash gains renewed institutional interest and has surged in value. It also highlights ZEC’s volatility and a recently patched vulnerability in its Orchard shielded pool. The SEC must approve the fund before it can begin trading.
