Question 1

What fee would the Winklevoss Zcash ETF charge?

Accepted Answer

The proposed fund would charge a 0.25% annual sponsor fee, far below the 2.5% fee on Grayscale's ZCSH.

Question 2

Who would hold the ETF's Zcash?

Accepted Answer

Gemini Trust Company, the Winklevoss twins' exchange, would serve as custodian and hold the trust's ZEC in cold storage, per the S-1 filing.

Question 3

How many firms are now pursuing a U.S. spot Zcash ETF?

Accepted Answer

Three. The Winklevoss sponsor is the third issuer to file for a U.S. spot Zcash ETF, after Grayscale, whose ZCSH launched on NYSE Arca on August 25, and Bitwise, which filed for a Zcash strategy fund late last year.

WINK

Winklevoss files Zcash ETF at 0.25% fee, undercutting Grayscale tenfold

One sharp brief.
Every day.

WINK

Winklevoss files Zcash ETF at 0.25% fee, undercutting Grayscale tenfold

One sharp brief.Every day.

One sharp brief.
Every day.