$ZEC
🚀 Winklevoss is applying for a spot Zcash ETF! A new boost for privacy coins?

Winklevoss Asset Services officially submitted Form S-1 to the U.S. Securities and Exchange Commission (SEC) to launch a spot Zcash ETF under the WINK ticker on the Nasdaq exchange.

📌 The main thing from the application:

Ticker: WINK (listing is planned on Nasdaq).

Annual commission: Only 0.25% - a very aggressive rate for the start.

Custodian: Gemini Trust.

Institutional support: Winklevoss Capital has already announced its intention to buy back the fund's shares of up to $100 million.