Winklevoss twins pitch a low-fee spot Zcash ETF at Token2049
The Winklevoss twins' low-fee Zcash ETF proposal could intensify competition, potentially driving down costs in the cryptocurrency ETF market.
The Winklevoss twins' low-fee Zcash ETF proposal could intensify competition, potentially driving down costs in the cryptocurrency ETF market.
What could the growing Zcash ETF race mean for ZEC’s price in the coming months?
Winklevoss Asset Services filed for a Nasdaq Zcash ETF with a 0.25% fee, Gemini custody and up to $100M of nonbinding investment interest.
The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment.
The Winklevoss twins have filed to launch a spot Zcash ETF.
Winklevoss Capital Fund has indicated interest in buying up to $100 million of shares, but the potential purchase is nonbinding.
Winklevoss Asset Services has filed for a Nasdaq-listed spot Zcash ETF under the proposed ticker WINK, as ZEC has gained more than 5% in 24 hours and is trading above $1,376. Winklevoss Asset Services filed an S-1 registration statement with…
The proposed fund would hold ZEC directly, trade on Nasdaq under "WINK" with Gemini as custodian, and add the Winklevoss twins to a wave of institutional interest in the privacy coin.
Grayscale's Zcash ETF lost $218 million in assets as Winklevoss files a rival fund at a tenth of the fee.
Winklevoss Asset Services filed for a spot Zcash ETF under ticker WINK, with Gemini as custodian and a 0.25% fee, rivaling Grayscale's ZCSH.
The Winklevoss Zcash ETF filing could intensify competition in the crypto ETF market, potentially influencing fees and regulatory scrutiny.
Gemini co-founder Tyler Winklevoss says the current excitement surrounding Zcash (ZEC) feels reminiscent of crypto in 2019.
Winklevoss's push for timely crypto regulation highlights the industry's need for clear, stable guidelines to foster innovation and growth.
The Nasdaq-listed privacy firm launched Cypherpunk Mining through a $33.33 million equity deal with Winklevoss Capital, adding roughly 18% of the Zcash network's hashrate to accelerate its treasury ambitions.
Only 5.38 million shares are initially issuable, leaving most of the deal's equity impact behind an approval gate.
On Tuesday, Cypherpunk Technologies disclosed that it has launched a U.S.-based zcash (ZEC) mining fleet with about 4.2 GSol/s of computing power after completing a $33.33 million equity transaction with Winklevoss Capital.
Cypherpunk's Zcash mining dominance could centralize network control, challenging decentralization while highlighting institutional crypto trust.
Cypherpunk Mining is online as of today with roughly 4.2 GSol/s of Equihash hashrate deployed across the US.
Cypherpunk Mining is online as of today with roughly 4.2 GSol/s of Equihash hashrate deployed across the US.