#winklevossfilesspotzcashetfapplication Winklevoss Zcash ETF

The Winklevoss group is going after
Zcash with a new spot ETF
.

The proposed fund would hold ZEC directly, use Gemini as custodian and trade on Nasdaq under the ticker
WINK
.

The proposed annual fee is 0.25%.

What makes this interesting is the growing competition around Zcash investment products.

If more traditional investment vehicles start giving investors exposure to ZEC, the conversation around privacy-focused assets could get a lot more attention.

Now it comes down to the regulatory process and whether investors actually show demand.

$ZEC $JTO $PHA