Winklevoss Asset Services Files for Proposed Zcash ETF with SEC

Winklevoss Asset Services has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed exchange-traded fund (ETF) that would directly hold Zcash (ZEC). The ETF, intended to be listed on the Nasdaq, is named the Winklevoss Zcash ETF.

The preliminary prospectus outlines a sponsor fee of 0.25%. Winklevoss Capital has indicated nonbinding interest in purchasing up to $100 million of the ETF’s shares.

It remains uncertain whether the SEC will approve the Winklevoss Zcash ETF, and the exact listing date on Nasdaq is undetermined. The final sponsor fee is also subject to change.

Why This Matters

The filing by Winklevoss Asset Services for the proposed Zcash ETF is a documented update.

Broader Context

Winklevoss Asset Services has filed an S-1 with the SEC for the Winklevoss Zcash ETF, a proposed Nasdaq-listed product designed to hold ZEC directly. The preliminary prospectus sets a 0.25% sponsor fee, while Winklevoss Capital has indicated nonbinding interest in purchasing up to $100 million of shares.