A $100 million seed investment, with an annual fee of just $0.25 for every $100.
👉 我每天盯的价位清单、判断更正,都先发群里。进来对着看

Winklevoss Asset Services has filed with the U.S. SEC for a spot Zcash ETF, ticker WINK, proposed to be listed on Nasdaq. The fund will hold ZEC directly, with custody handled by Gemini Trust, and will go head-to-head with Grayscale’s ZCSH.

There are three questions: who provides the capital, who handles custody, and how low will the fee go? Custody and the fee are set—the fee is 0.25%. As for the capital, an affiliate of Winklevoss Capital may contribute up to $100 million.

An affiliate putting up to $100 million upfront as seed capital says more about this ETF’s positioning than waiting for the market to buy in.

Next, watch for two things: the SEC’s decision and how much of that $100 million is committed in the final disclosure.
#winklevoss向美国sec提交现货zcashetf申请