๐ฅ Winklevoss Files for Spot Zcash ETF
๐ฃ Winklevoss Asset Services has filed an S-1 with the U.S. SEC for a spot Zcash ETF.
๐ The proposed WINK fund would hold ZEC directly and seek a Nasdaq listing, giving investors exposure to Zcash through traditional brokerage accounts.
๐ฆ Gemini Trust Company is proposed as custodian, while the fund would charge a 0.25% annual sponsor fee.
โ ๏ธ The filing is not SEC approval. The registration statement must become effective before the ETF can be offered.
๐ Could another Zcash ETF filing increase institutional interest in ZEC?
#Zcash #ZEC #CryptoETF #CryptoNews
๐ฃ Winklevoss Asset Services has filed an S-1 with the U.S. SEC for a spot Zcash ETF.
๐ The proposed WINK fund would hold ZEC directly and seek a Nasdaq listing, giving investors exposure to Zcash through traditional brokerage accounts.
๐ฆ Gemini Trust Company is proposed as custodian, while the fund would charge a 0.25% annual sponsor fee.
โ ๏ธ The filing is not SEC approval. The registration statement must become effective before the ETF can be offered.
๐ Could another Zcash ETF filing increase institutional interest in ZEC?
#Zcash #ZEC #CryptoETF #CryptoNews
