🚨 ZCASH ETF WAR IS HEATING UP.
The Winklevoss group just filed for a spot $ZEC ETF under the ticker WINK on Nasdaq.
And this isn’t just another ETF filing.
The fund would hold $ZEC directly, use Gemini as custodian and charge a 0.25% fee.
Even bigger: Winklevoss Capital has indicated it could buy up to $100 MILLION of shares.
That would put serious skin in the game.
Winklevoss is now the THIRD issuer chasing the U.S. Zcash ETF market, following Grayscale and Bitwise.
And Grayscale’s ZEC ETF is already sitting at nearly $890 MILLION in assets after launching in August.
Three major players.
One Zcash market.
The race for institutional $ZEC exposure is getting crowded FAST.
#Zcash #ZEC #Crypto #CryptoETF #Bitcoin
The Winklevoss group just filed for a spot $ZEC ETF under the ticker WINK on Nasdaq.
And this isn’t just another ETF filing.
The fund would hold $ZEC directly, use Gemini as custodian and charge a 0.25% fee.
Even bigger: Winklevoss Capital has indicated it could buy up to $100 MILLION of shares.
That would put serious skin in the game.
Winklevoss is now the THIRD issuer chasing the U.S. Zcash ETF market, following Grayscale and Bitwise.
And Grayscale’s ZEC ETF is already sitting at nearly $890 MILLION in assets after launching in August.
Three major players.
One Zcash market.
The race for institutional $ZEC exposure is getting crowded FAST.
#Zcash #ZEC #Crypto #CryptoETF #Bitcoin
