Winklevoss twins file S‑1 for spot Zcash ETF on Nasdaq under ticker WINK
Winklevoss Asset Services submitted an S‑1 registration on Oct. 6 to launch a spot Zcash exchange‑traded fund that would list on Nasdaq with the ticker WINK. The fund plans to hold ZEC directly and use Gemini Trust Company as the custodian. The proposal sets an annual sponsor fee of 0.25% and notes that Winklevoss Capital Fund has indicated interest in buying up to $100 million of shares, though the commitment is non‑binding. The filing also highlights a June security flaw in Zcash’s Orchard pool as a risk factor.
Why it matters
If approved, the ETF would give investors regulated exposure to Zcash without needing to manage private keys, potentially expanding institutional allocation to the privacy coin. The low 0.25% fee positions the product as a cheaper alternative to Grayscale’s Zcash ETF, which charges 2.5%, which could attract assets away from the existing fund (the filing notes the fee difference).
Key facts
- 1The S‑1 registration was filed on Oct. 6, 2026. crypto.news
- 2The proposed fund would list on Nasdaq under the ticker WINK. crypto.news
- 3Gemini Trust Company is named as the custodian for the ZEC holdings. crypto.news
- 4The sponsor fee is set at 0.25% per year. finance.yahoo.com
- 5Winklevoss Capital Fund has indicated interest in purchasing up to $100 million of shares, but the interest is not binding. thedefiant.io
- 6The filing cites a June flaw in Zcash’s Orchard shielded pool that could have allowed counterfeit ZEC creation. finance.yahoo.com
Summary written by AlphAI from 20 of 26 sources. Not investment advice. Figures are as stated by the linked sources.