Winklevoss Zcash ETF Filing Brings Privacy Coin Exposure To Nasdaq

Winklevoss Zcash ETF Filing Brings Privacy Coin Exposure To Nasdaq

Summary

Winklevoss Asset Services filed an S-1 with the SEC for a proposed spot Zcash ETF that would hold ZEC directly and trade on Nasdaq under the ticker WINK if approved. The prospectus sets a 0.25% annual sponsor fee and discloses nonbinding interest from Winklevoss Capital affiliates in buying up to $100 million of shares. The filing is not SEC approval; the registration must become effective before shares can be sold. The proposal would bring a privacy-focused cryptocurrency into the regulated ETF market.