Winklevoss group files for spot Zcash ETF, proposes Nasdaq ticker WINK
Ecosystem ·
The Winklevoss twins submitted an S-1 application to the SEC for a spot ZEC ETF, naming it the "Winklevoss Zcash ETF" and setting up competition with Grayscale's existing ZCSH product.
The filing was made directly with the SEC and proposes a fund structure for holding ZEC, with the fund's naming described as anonymous in keeping with Zcash's privacy-focused design. The application lists a proposed fee of 0.25% and targets a listing on Nasdaq under the ticker WINK, according to The Block. Gemini is named as custodian for the fund.
The move positions the Winklevoss-backed product directly against Grayscale's ZCSH, which already offers investors exposure to ZEC, as reported by Decrypt. The filing adds Zcash to the list of digital assets for which issuers are seeking spot ETF approval, following a pattern established by bitcoin and ether products that cleared SEC review earlier.
Multiple outlets have corroborated the core details of the filing, including the proposed WINK ticker, the Nasdaq listing target, and the 0.25% fee structure. The consistency across five distinct sources covering the cluster indicates the filing itself, rather than its terms, is the primary point of confirmation at this stage.
What remains unresolved is the SEC's timeline for reviewing the application and whether the agency will request amendments before any approval decision. Also unclear is how the Winklevoss Zcash ETF's custody arrangement through Gemini and its fee level will compare in practice to Grayscale's ZCSH once both products are evaluated by the regulator. No approval or rejection has been announced, and the filing remains in its initial submission stage.