everyone thinks an etf approval means instant green candles, but holding the wrong fund is quietly bleeding your bags dry. most traders obsess over daily candles while completely ignoring management fees that silently eat up their profits over time.
we are watching history repeat itself with $ZEC right now. grayscale launched their zcsh product charging a brutal 2.5% annual fee, and now the winklevoss twins just filed for their wink spot etf at 0.25%. that is literally a 10x undercut, ser. on a $100m position, holding the wrong vehicle means paying $2.5m a year instead of just $250k for the exact same underlying exposure.
ngl we already saw this exact movie with $BTC when gbtc tried holding onto high fees while low-cost spot products launched, sparking massive capital rotation. smart money does basic math and always migrates to where fees are lowest, and that liquidity shift will heavily impact $ETH and privacy assets alike.
where do you think the liquidity flows once these low-fee spot funds go live?
#Zcash #CryptoETF #Altcoins
we are watching history repeat itself with $ZEC right now. grayscale launched their zcsh product charging a brutal 2.5% annual fee, and now the winklevoss twins just filed for their wink spot etf at 0.25%. that is literally a 10x undercut, ser. on a $100m position, holding the wrong vehicle means paying $2.5m a year instead of just $250k for the exact same underlying exposure.
ngl we already saw this exact movie with $BTC when gbtc tried holding onto high fees while low-cost spot products launched, sparking massive capital rotation. smart money does basic math and always migrates to where fees are lowest, and that liquidity shift will heavily impact $ETH and privacy assets alike.
where do you think the liquidity flows once these low-fee spot funds go live?
#Zcash #CryptoETF #Altcoins