The exchange-traded fund market is taking a step toward privacy with the formal filing with the SEC for a Zcash ETF on Nasdaq. 🏦📊 The proposed fund would hold ZEC directly, with Gemini Trust as custodian, while Winklevoss Capital affiliates evaluate an initial investment of up to $100 million.
This move sets an interesting precedent for integrating cryptocurrencies with privacy features into traditional financial markets. Will we see greater regulatory openness toward this sector? Keep a close eye on the reaction of privacy-focused assets and institutional flows.
#Zcash #CryptoETF #Regulacion #BinanceSquare
On the radar: $BTC $ZEC
This move sets an interesting precedent for integrating cryptocurrencies with privacy features into traditional financial markets. Will we see greater regulatory openness toward this sector? Keep a close eye on the reaction of privacy-focused assets and institutional flows.
#Zcash #CryptoETF #Regulacion #BinanceSquare
On the radar: $BTC $ZEC
