Winklevoss Zcash ETF: a 0.25 Percent Fee

Winklevoss Asset Services filed an S-1 with the US Securities and Exchange Commission on October 6, 2026 for a spot ETF on Zcash. The fund is to run on the Nasdaq under the ticker WINK and cost 0.25 percent a year. That is one tenth of what the only US Zcash ETF so far charges. For a portfolio in Germany the fund stays closed all the same, and the date that really lies ahead for ZEC holders here is not in this filing but in European anti money laundering law.

An S-1 is the registration form with which an issuer in the United States submits new securities for approval. It is an application, not a permission: the prospectus states explicitly that the information may change and that no shares may be sold while the registration is not yet effective.

An S-1 at the SEC: Winklevoss Asset Services applies for a spot ETF on Zcash

The applicant is Winklevoss Asset Services, LLC as sponsor. The issuer itself is a Delaware statutory trust, appearing in the prospectus as the Winklevoss Zcash ETF. The filing carries the SEC accession number 0001104659-26-113940 and is held in the register under identifier 0002158471, with a business address in Wilmington, Delaware.

Spot means the fund holds the cryptocurrency itself instead of tracking its price through futures contracts. The prospectus describes exactly that: the trust holds ZEC directly and works with neither leverage nor derivatives. The distinction matters for the price, because a spot fund has to take real coins off the market on an inflow, while a futures fund merely swaps contracts.