Winklevoss twins file S‑1 for spot Zcash ETF on Nasdaq
Winklevoss Asset Services submitted an S‑1 registration on Oct 6, 2026 to launch a spot Zcash exchange‑traded fund that would list on Nasdaq under the ticker WINK. The fund would hold ZEC directly, with Gemini Trust as custodian, and would charge an annual sponsor fee of 0.25%. Winklevoss Capital Fund has indicated a non‑binding interest to purchase up to $100 million of shares, while Grayscale’s existing Zcash ETF holds roughly $751 million in net assets.
Why it matters
If approved, the WINK ETF would give investors regulated exposure to Zcash at a fee ten times lower than Grayscale’s 2.5% charge, potentially drawing assets from the larger fund. The filing also flags a recent security flaw in Zcash’s Orchard pool as a risk, which could affect investor sentiment toward privacy‑coin products.
Key facts
- 1The S‑1 registration was filed on Oct 6, 2026. crypto.news
- 2The proposed Nasdaq ticker is WINK. crypto.news
- 3The fund would charge an annual sponsor fee of 0.25%. finance.biggo.com
- 4Winklevoss Capital Fund indicated interest in buying up to $100 million of shares, non‑binding. finance.biggo.com
- 5ZEC was trading above $1,376 at the time of the filing. crypto.news
- 6Grayscale’s Zcash ETF reported net assets of approximately $751 million. crypto.news
Summary written by AlphAI AI Desk from 20 of 27 sources. Not investment advice. Figures are as stated by the linked sources.