$ZEC
ZECUSDT
Perp
1,322.09
-3.39%
is getting another interesting catalyst.
The Winklevoss twins have entered the growing Zcash ETF race, filing for a spot ZEC ETF that would trade on Nasdaq under the proposed ticker WINK.
The proposed ETF would charge a 0.25% annual fee and use Gemini as its custodian. Grayscale already has a live Zcash ETF, while Bitwise has also filed its own proposal.
Now combine that with what the chart is showing.
$ZEC is holding the $1,266 area on the 12H timeframe, with the wedge breakout setup pointing toward $2,132 if resistance breaks with momentum.
So we have:
ZECUSDT
Perp
1,322.09
-3.39%
is getting another interesting catalyst.
The Winklevoss twins have entered the growing Zcash ETF race, filing for a spot ZEC ETF that would trade on Nasdaq under the proposed ticker WINK.
The proposed ETF would charge a 0.25% annual fee and use Gemini as its custodian. Grayscale already has a live Zcash ETF, while Bitwise has also filed its own proposal.
Now combine that with what the chart is showing.
$ZEC is holding the $1,266 area on the 12H timeframe, with the wedge breakout setup pointing toward $2,132 if resistance breaks with momentum.
So we have: