Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing
60-second summary
Gemini Trust files a Winklevoss‑backed Zcash ETF with the SEC for Nasdaq listing, proposing direct ZEC holdings and designating Gemini as custodian; Winklevoss Capital affiliates plan to invest up to $100 million. The filing signals growing institutional confidence in privacy coins, potentially boosting ZEC liquidity and prompting broader regulatory scrutiny of crypto ETFs.
The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment.