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Winklevoss-backed Zcash ETF submits NASDAQ listing application to SEC

2026-10-07 06:35:11
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Winklevoss backed Zcash ETF submits registration declaration with the SEC

Exchange-traded funds (ETFs) backed by the Winklevoss brothers and designed to track the movement of Zcash (ZEC) prices have filed registration declarations with the U.S. Securities and Exchange Commission (SEC). According to the documents, the proposed "Winklevoss Zcash ETF" will directly hold ZEC assets and plans to be listed on the Nasdaq stock market under the ticker symbol WINK.

The fund will be sponsored by Winklevoss Asset Services, and its affiliated company, Gemini Trust Company, will be responsible for hosting ZEC assets held by the ETF. The fund will charge a promoter fee of 0.25% per year and will not use leverage or derivatives to achieve investment goals.

Although the filing states that potential investments are not binding, Winklevoss Capital Fund has expressed its intention to purchase up to US$100 million in new ETF shares through one or more affiliated entities.

The ETF will allow investors to indirectly participate in Zcash investments through traditional brokerage accounts without having to directly purchase or hold this privacy-conscious cryptocurrency. Zcash uses zero-knowledge proof technology to block transactions, thereby concealing the transaction amount and the identity information of the sender and recipient.

As Grayscale's Zcash ETF (code: ZCSH) begins trading in the United States, Winklevoss's fund will become one of its kind contenders. Grayscale recently announced a 3-for-1 split of its fund.

据CoinGecko数据显示,过去一年中ZEC价格涨幅超过735%,推动其市值达到约230亿美元。周二,ZEC交易价格约为1,354美元,按市值计算位列第10大加密货币。

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