Winklevoss Asset Services has filed with the U.S. Securities and Exchange Commission to launch a spot Zcash ETF on Nasdaq under WINK, with a 0.25% annual fee and up to $100 million of nonbinding purchase interest from Winklevoss Capital.
The SEC filing shows that the proposed Winklevoss Zcash ETF would own $ZEC directly and seek to track the cryptocurrency’s price after operating expenses. Gemini Trust Company, an affiliate of the sponsor, would hold the fund’s $ZEC.
The registration statement remains preliminary. Shares cannot be sold until the registration becomes effective, and the filing does not give a date for WINK to begin trading.
