Winklevoss Asset Services Files S-1 Registration for Spot Zcash ETF
The proposed Winklevoss Zcash ETF would trade on Nasdaq under the ticker WINK, backed directly by physical ZEC held by Gemini Trust Company.
At a glance Proposed
- What happened
- Winklevoss Asset Services filed a Form S-1 registration statement with the SEC on Oct. 6, 2026, for the Winklevoss Zcash ETF.
- Why it matters
- The filing seeks to bring direct, spot-backed ZEC exposure to US equity markets under ticker WINK on Nasdaq.
- Who is affected
- US broker-dealer clients, digital asset market participants, and the Zcash network ecosystem.
- What's next
- SEC review of the preliminary prospectus and potential registration amendments.
- Primary source
- sec.gov: Winklevoss Zcash ETF Could Become the Second U.S. Spot ZEC Fund After Grayscale’s ZCSH
Key points
- Winklevoss Asset Services filed an S-1 registration statement with the SEC on Oct. 6, 2026, for the Winklevoss Zcash ETF 1.
- The fund plans to list on Nasdaq under the ticker WINK, with Gemini Trust Company serving as custodian for its spot ZEC holdings 1.
- Cypherpunk Technologies was selected as the trust's ecosystem partner to provide protocol guidance and coinholder polling services 1.
Winklevoss Asset Services filed a Form S-1 registration statement with the US Securities and Exchange Commission on October 6, 2026, to launch a spot Zcash exchange-traded fund 1. The proposed fund, named the Winklevoss Zcash ETF, plans to list its shares on the Nasdaq Stock Market under the ticker symbol WINK 1.
According to the prospectus, the trust intends to offer direct exposure to the price of $ZEC, net of operational expenses and liabilities 1. Gemini Trust Company, an affiliate of the sponsor, will act as the custodian responsible for holding the trust's underlying ZEC 1. CSC Delaware Trust Company is named as the trustee 1. Net asset value determinations will rely on a pricing benchmark derived from a 60-minute time-weighted average price across constituent spot exchanges 1.
Structure and Ecosystem Advisory
The trust plans to issue and redeem shares in continuous blocks known as baskets through authorized participants, utilizing cash or physical ZEC 1. The fund is structured as a grantor-style trust under the Securities Act of 1933 rather than an investment company registered under the Investment Company Act of 1940 1.
To support governance and network integration, the trust has engaged Cypherpunk Technologies as its official "Zcash Ecosystem Partner" 1. Under the agreement, Cypherpunk will assist with technical guidance, coinholder polling, and advisory services concerning the Zcash protocol 1.
The filing marks an expansion into privacy-focused digital asset funds following prior international and domestic initiatives, such as when Valour debuted a Zcash ETP on Spotlight Stock Market in Europe. The SEC must review the registration statement before it becomes effective and trading can commence 1. At the time of writing, ZEC was trading at $1,352, up 4.3% over the prior 24 hours.
Sources
- [1] Winklevoss Zcash ETF Could Become the Second U.S. Spot ZEC Fund After Grayscale’s ZCSH — sec.gov, October 6, 2026
- [2] Winklevoss Zcash ETF Could Become the Second U.S. Spot ZEC Fund After Grayscale’s ZCSH — sec.gov, October 6, 2026
Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.
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