#winklevossfilesspotzcashetfapplication
The Winklevoss twins just made a major play for privacy coins, officially filing for a Spot ZEC ETF.
Here is the breakdown of the proposed fund:
📈 The Setup: Targeting a Nasdaq listing under the ticker WINK, holding ZEC directly.
💰 The Flex: Winklevoss Capital revealed a non-binding intent to buy up to $100 MILLION worth of shares right out of the gate.
🔐 The Vault & Fees: Gemini is tapped to custody the actual assets, offering a highly competitive 0.25% annual sponsor fee.
Institutional appetite for $ZEC is accelerating fast as major players position themselves for the next wave of crypto ETFs.
⚠️ Note: This is an initial S-1 filing pending SEC review, and the $100M indication of interest is non-binding. Always Do Your Own Research (DYOR) and trade responsibly.
$NMR $BR
The Winklevoss twins just made a major play for privacy coins, officially filing for a Spot ZEC ETF.
Here is the breakdown of the proposed fund:
📈 The Setup: Targeting a Nasdaq listing under the ticker WINK, holding ZEC directly.
💰 The Flex: Winklevoss Capital revealed a non-binding intent to buy up to $100 MILLION worth of shares right out of the gate.
🔐 The Vault & Fees: Gemini is tapped to custody the actual assets, offering a highly competitive 0.25% annual sponsor fee.
Institutional appetite for $ZEC is accelerating fast as major players position themselves for the next wave of crypto ETFs.
⚠️ Note: This is an initial S-1 filing pending SEC review, and the $100M indication of interest is non-binding. Always Do Your Own Research (DYOR) and trade responsibly.
$NMR $BR