ZEC Will get a WINK as Winklevoss Recordsdata for Nasdaq ETF

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Winklevoss Asset Providers filed an S-1 registration assertion with the SEC on Oct. 6, 2026, for a proposed spot Zcash ETF that might maintain ZEC immediately and listing on Nasdaq below the ticker WINK.

The submitting is preliminary: the prospectus says its data might change and shares can’t be offered till the registration assertion turns into efficient.

Winklevoss Simply Filed for a Zcash ETF to problem Grayscale…
Winklevoss Capital formally filed a registration assertion with the U.S. Securities and Trade Fee to listing a ZCASH ETF on Nasdaq below the ticker image $WINK.
The registration assertion notes that the… pic.twitter.com/nmSUJWVDPq

— BSCN (@BSCNews) October 6, 2026

The proposed fund would cost a 0.25% annual sponsor payment, use Gemini Belief Firm as custodian, and keep away from leverage and derivatives. Winklevoss Capital Fund associates have indicated curiosity in shopping for as much as $100M in shares, however that curiosity is expressly nonbinding.

This information dropped as ZEC is buying and selling at $1,315, down almost 3% over the previous 24 hours. Each day buying and selling quantity sits at $679M, and Zcash remains to be up +11% over the previous 30 days, with buyers hoping this WINK ETF information might spark a recent rally.

WINK Zcash ETF Would Add a Brokerage Path to Direct ZEC Publicity

zec logoZcash (ZEC)24h7d30d1yAll time

The proposed belief’s goal is to offer publicity to the value of the ZEC it holds, much less working bills and different liabilities. Its construction would let buyers receive Zcash publicity via a standard brokerage account with out buying or custody of the cryptocurrency themselves.

That entry route doesn’t change the underlying asset publicity. The fund would personal ZEC immediately, and the submitting says it might not use derivatives or leverage to pursue its goal.

Shareholders would nonetheless face ZEC’s value volatility, whereas shares purchased or offered on the alternate might commerce at a premium or low cost to the belief’s internet asset worth.

Winklevoss Asset Providers would sponsor the belief, with its affiliate Gemini Belief Firm holding the ZEC. The proposed 0.25% annual sponsor payment is a central time period of the supply, but it surely doesn’t assure that WINK will appeal to property or compete efficiently with an current product.

The submitting says Winklevoss Capital Fund, via a number of associates, has indicated curiosity in buying as much as $100 million of shares, both from licensed individuals or available in the market. That isn’t dedicated seed capital or a binding order: the associates might in the end purchase extra, much less, or not one of the acknowledged quantity.

The proposal enters a US market the place Grayscale’s Zcash ETF, ZCSH, is already buying and selling. The first report stated Grayscale had lately introduced a 3-for-1 share cut up.

It additionally reported that ZEC had gained greater than 735% over the prior yr and traded at roughly $1,354 on Tuesday, Oct. 6, with a market capitalization of about $23Bn. These figures describe the market at that time, not a present quote.

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Custody and the Zcash Construction Outline the Product

Zcash makes use of zero-knowledge proofs to help shielded transactions that may conceal transaction quantities and the identities of senders and recipients. WINK would give brokerage buyers publicity to ZEC with out requiring them to work together immediately with these community options or handle the asset’s custody themselves.

Underneath the prospectus, Gemini Belief Firm would maintain all ZEC on the belief’s behalf, whereas CSC Delaware Belief Firm would act as trustee.

The submitting additionally establishes a relationship with Cypherpunk Applied sciences as a Zcash Ecosystem Accomplice, with potential providers together with coinholder polling and steerage on protocol and technical developments.

Institutional crypto merchandise depend upon custody preparations and asset publicity; institutional key custody is due to this fact a part of the product’s construction, not a aspect element. A number of operational particulars stay open within the preliminary doc.

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The submit ZEC Will get a WINK as Winklevoss Recordsdata for Nasdaq ETF appeared first on Cryptonews.

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