Winklevoss Asset Services Files for Spot Zcash ETF
ZCSH Grayscale Zcash ETF
$35.35 -2.00%
View chart & analysis → - 1Winklevoss Asset Services filed registration documents for a spot Zcash ETF with the SEC on Tuesday.
- 2The trust set an annual fee of 0.25%, and Winklevoss Capital Fund expressed an intent to purchase $100 million of WINK shares.
- 3As of September 8, more than $500 million in fund assets held by Grayscale's Zcash ETF already exist in the market.
So what's the key point?
Winklevoss Asset Services has applied to create a fund that directly holds Zcash. As part of this process, they also expressed an intent to purchase $100 million worth of shares.
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