Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing

Bullish-3.45%
6 Oct, 20:53
Source: Cointelegraph

AI Summary

A Winklevoss-backed proposal to file a spot Zcash ETF on Nasdaq signals growing institutional interest and potential regulatory approval for the privacy-focused cryptocurrency.

Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing

The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment.