The filer is a crypto asset management company, but the destination is Nasdaq—and the asset is a privacy coin.
Winklevoss Asset Services has filed for a spot Zcash ETF, ticker WINK, with Gemini as custodian and a 0.25% fee. By comparison, Grayscale’s ZCSH is already on the shelf. Putting a privacy coin on the quote board of a traditional stock market is like moving a niche product into a big-box store; buyers check their brokerage accounts, not on-chain addresses.
Filing is easy. Getting approval is another matter.
Save the QR code to keep the news and strategies close at hand!
#WinklevossFilesForSpotZcashETFWithUSSEC
Winklevoss Asset Services has filed for a spot Zcash ETF, ticker WINK, with Gemini as custodian and a 0.25% fee. By comparison, Grayscale’s ZCSH is already on the shelf. Putting a privacy coin on the quote board of a traditional stock market is like moving a niche product into a big-box store; buyers check their brokerage accounts, not on-chain addresses.
Filing is easy. Getting approval is another matter.
Save the QR code to keep the news and strategies close at hand!
#WinklevossFilesForSpotZcashETFWithUSSEC
