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Proposed WINK Fund Would Bring Zcash ETF Exposure to Brokerage Accounts

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Winklevoss Asset Providers has filed a Kind S-1 registration assertion with the US Securities and Change Fee for a proposed spot Zcash ETF that will maintain ZEC instantly and search a Nasdaq itemizing underneath the ticker WINK.

The fund’s proposed annual sponsor charge is 0.25%, and its brokerage-based construction may give traders Zcash publicity with out requiring them to purchase or maintain the cryptocurrency themselves.

The submitting shouldn’t be SEC approval, and it doesn’t verify that WINK has launched or begun buying and selling. No buying and selling date is confirmed, so the proposed ticker and itemizing shouldn’t be mistaken for an obtainable funding.

The Winklevoss Zcash ETF will work with @cypherpunk on all Zcash ecosystem issues. https://t.co/7nOrHFMRhq

— Tyler Winklevoss (@tyler) October 7, 2026

How Will the Proposed WINK Zcash ETF Fund Work?

Winklevoss Asset Providers would sponsor the fund, whereas Gemini Belief Firm, recognized within the submitting protection as a Winklevoss affiliate, would custody its ZEC holdings. The ETF would maintain the cryptocurrency instantly and wouldn’t use leverage or derivatives to pursue its funding goal.

That construction is meant to trace Zcash’s worth by way of a conventional brokerage account. Traders wouldn’t must arrange a crypto pockets or handle ZEC themselves, though fund shares would nonetheless be tied to the value of the underlying cryptocurrency.

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Winklevoss Capital Fund, by way of a number of associates, has indicated curiosity in shopping for as much as $100 million in shares. That indication is nonbinding: it’s not a dedication to take a position, and it doesn’t assure demand for the fund if it will definitely turns into obtainable.

The proposed 0.25% annual sponsor charge is a recurring fund price, not a one-time buying and selling cost. A brokerage-based product can simplify entry, however it doesn’t take away the value dangers related to ZEC or assure that an ETF’s share worth will match the worth of its holdings at each second.

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ZEC Privateness Options and the Current ETF Panorama

Zcash makes use of zero-knowledge proofs to allow shielded transactions. In plain phrases, this cryptographic methodology can let the community confirm a transaction whereas concealing its quantity and the identities of the sender and recipient. That characteristic is central to Zcash’s privateness design; it doesn’t imply each ZEC transaction is shielded.

WINK would enter a US market the place Grayscale’s Zcash ETF, buying and selling underneath the ticker ZCSH, is already obtainable, in line with the October 6 report. Grayscale just lately introduced a 3-for-1 share break up for ZCSH. The merchandise are separate funds, and the existence of a buying and selling Zcash ETF doesn’t set up that WINK has cleared its personal registration course of.

The proposed Zcash ETF WINK would hold ZEC directly, but its SEC filing is not an approval, and no Nasdaq trading date has been confirmed

(SOURCE: Yahoo Finance)

CoinGecko information cited within the report put ZEC at roughly $1,354 on Tuesday, October 6, 2026, with a market capitalization of about $23 billion. The identical information confirmed a acquire of greater than 735% over the previous yr. These are a dated snapshot, not a present quote or a forecast.

WINK’s key milestone isn’t the proposed Nasdaq ticker; it’s whether or not the registration course of progresses and the fund turns into eligible to commerce. Till then, traders have a submitting describing a proposed product-not a launched Zcash ETF. The excellence between an ETF submitting and precise buying and selling issues for any crypto fund: a deliberate brokerage route shouldn’t be but an obtainable one.

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The put up Proposed WINK Fund Would Deliver Zcash ETF Publicity to Brokerage Accounts appeared first on 99Bitcoins.



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Tags: AccountsBringBrokerageETFExposurefundProposedWINKZcash
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