Winklevoss Asset Services Targets Nasdaq Listing With Proposed Zcash ETF

Winklevoss Asset Services files for a spot Zcash ETF under ticker WINK, offering direct ZEC exposure through proposed Nasdaq-listed shares.

• Winklevoss Asset Services has filed for a spot Zcash (ZEC) ETF, named WINK, aiming for a Nasdaq listing to provide direct ZEC exposure.
• Unlike futures-based products, WINK would hold ZEC directly, with Gemini as custodian and cash settlements for creations/redemptions, pending regulatory approval.
• This move comes as the Grayscale Zcash ETF (ZCSH) experiences significant weekly outflows, highlighting potential shifts in investor interest and the evolving landscape of crypto-based ETFs.

Topics: Asset types, Institutional adoption, Public market access, Alternative assets, Asset manager initiatives, Bitcoin etf

Tags: #zcash #winklevossassetservices #spotetf #nasdaq #gemini #grayscale #zec #cypherpunktechnologies #regulatedexposure

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Zcash-ETF verliert 93,56 Millionen Dollar in einer Woche: Schwächer als der Markt

Der Grayscale Zcash ETF verliert erstmals Geld: 93,56 Millionen Dollar in einer Woche. Was das für ZEC-Halter in Deutschland heißt.

• The Grayscale Zcash ETF experienced its first weekly outflow of $93.56 million, indicating a shift in investor demand after a period of consistent inflows.
• Despite the recent outflow and a weekly price drop, Zcash has shown strong monthly performance, outperforming Bitcoin and Ethereum, with the outflow coinciding with the end of the quarter.
• The article highlights that the US ETF is inaccessible to German retail investors, discusses European Zcash ETPs, and emphasizes the importance of considering tax implications and upcoming EU regulations on privacy coins for long-term holding.

Topics: Institutional adoption, Public market access, Legal regulatory, Asset manager initiatives, Bitcoin etf, Securities law classification

Tags: #zcash #grayscalezcashetf #zec #etfoutflows #cryptocurrency #marketperformance #regulatorychanges #europeanetps #taximplications #privacycoins

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Solana al límite: récords de ingresos, reformas en gobernanza y la expansión del ecosistema DeFi

Solana marca récords de ingresos, debate cambios en gobernanza y amplía su ecosistema DeFi con nuevas herramientas y activos.

• Solana is experiencing record revenues and ecosystem growth, with daily application earnings reaching $7.935 million.
• Co-founder Anatoly Yakovenko proposes changes to governance to exclude validators that intentionally delay the network.
• New developments include Kamino enabling USDC loans backed by ZEC, a new hackathon portal from the Solana Foundation, and Backpack allowing real company shares to be tokenized on Solana.

Topics: Asset types, Infrastructure providers, Integration with defi, Real assets, Tokenization platforms, Rwa collateral lending, On chain treasury management

Tags: #solana #defi #revenuerecords #governance #hackathons #tokenizedequities #usdc #zec #backpacksecurities

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Kamino launches ZEC-backed borrowing on Solana, letting users borrow USDC against Zcash

• Kamino Finance has launched a new borrowing market on Solana that accepts bridged Zcash (ZEC) as collateral to borrow USDC.
• The ZEC market utilizes an isolated architecture to manage collateral risk and offers a 'Multiply' feature for leveraged exposure.
• This move integrates a privacy-focused cryptocurrency into DeFi lending, following a similar pattern to Kamino's previous tokenized gold (PAXG) market.

Topics: Asset types, Blockchain usage, Integration with defi, Alternative assets, Layer 2 scaling, Rwa collateral lending

Tags: #kaminofinance #zec #solana #usdc #zcash #bridgedasset #isolatedmarket #leverage #privacycoin #defi

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Grayscale Zcash Trust Shares to Begin NYSE Trading on Aug. 25

Grayscale's product page for the trust describes it as a vehicle that gives investors exposure to ZEC in the form of a security. The move follows Grayscale's broader push around Zcash, including an earlier SEC filing tied to a Zcash ETF launch . Read original article on coinlive....

• Grayscale Zcash Trust shares will begin trading on the NYSE on August 25th, offering investors a regulated avenue for ZEC exposure.
• This move aligns with Grayscale's broader strategy for Zcash, including a prior SEC filing for a Zcash ETF.
• The trust allows investors to gain exposure to ZEC as a security without direct token custody, enhancing visibility and potentially widening the investor base.

Topics: Asset types, Institutional adoption, Legal regulatory, Alternative assets, Asset manager initiatives, Securities law classification

Tags: #grayscale #zcash #zec #nyse #trustshares #security #secfiling #etf #privacycoin #brokerageaccount

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Zcash: avances regulatorios, repunte de precio y expansión minera

Zcash destaca tras superar los $700, mientras Grayscale avanza con su posible ETF y crece la inversión corporativa en la minería de ZEC.

• Zcash (ZEC) is experiencing a significant price surge, surpassing $700 and re-entering the top 20 cryptocurrencies by market cap, driven by institutional interest and advancements in its ecosystem.
• Grayscale has submitted a fifth amendment for its proposed Zcash ETF, detailing operational functions and aiming for listing on NYSE Arca, though SEC approval is not yet confirmed.
• Corporate mining operations, such as Cypherpunk Mining backed by the Winklevoss twins, are expanding in the US to decentralize ZEC mining and offer public exposure to the privacy-focused asset.

Topics: Institutional adoption, Legal regulatory, Scalability, Asset manager initiatives, Securities law classification, Growth metrics, Market depth liquidity

Tags: #zcash #zec #grayscale #sec #etf #mining #cypherpunkmining #winklevoss #privacy #price

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