Winklevoss Twins Propose Zcash ETF, 'WINK' to Trade on Nasdaq
The Winklevoss twins have filed for a new ETF that would directly hold Zcash, aiming to capitalize on institutional interest in privacy coins.
- Winklevoss twins propose 'WINK' ETF to hold Zcash directly.
- ETF would trade on Nasdaq with Gemini as custodian.
- ZEC price up 2.56% in 24 hours amid ETF news.
- Winklevoss Group Files for Spot Zcash ETF with 0.25% Fee
- Winklevoss Twins Propose Zcash ETF, 'WINK' to Trade on Nasdaq — this brief
The Winklevoss twins have filed for a new exchange-traded fund (ETF) that would directly hold 
Zcash (ZEC), according to a single report from Decrypt. The ETF, which would trade on Nasdaq under the ticker symbol 'WINK', aims to provide investors with exposure to the privacy-focused cryptocurrency.
The fund would utilize Gemini, the crypto exchange founded by the Winklevoss twins, as its custodian. This move adds to the growing institutional interest in Zcash, which has been gaining traction due to its privacy features.
This proposed ETF comes amidst a broader trend of institutional investment in cryptocurrencies, with several firms seeking to offer products that provide exposure to digital assets. The 'WINK' ETF would join a small but growing list of crypto-related ETFs in the market.
In the current market context, the total cryptocurrency market cap stands at $2.98 trillion, with 
Bitcoin showing a slight decline of 0.08% over the past 24 hours. The Fear & Greed index is at 73, indicating a state of 'Greed' among investors. Zcash itself has seen a 2.56% increase in price over the last day, reaching $1359.5, though it is down 2.87% over the past week.
The introduction of the 'WINK' ETF could potentially drive further interest and investment in Zcash, as it provides a regulated avenue for institutional investors to gain exposure to the cryptocurrency. This development underscores the ongoing evolution of the crypto market and its increasing integration with traditional financial systems.
At today's peer-to-peer rate, 1 ZEC ≈ ₦1.85M (about $1,355.70), up 1.3% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Zcash — questions
How much is 1 Zcash worth in naira today?
About ₦1.85M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1,355.70. The naira price moves with both ZEC's US-dollar price and the USDT/NGN rate; use our Zcash in naira page for any amount.
Has Zcash's price moved since this brief was published?
ZEC is down 0.28% since this brief first published — trading at $1,355.70 now versus $1,359.50 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Decrypt. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.