Winklevoss Files Spot Zcash ETF Application with U.S. SEC, Plans Nasdaq Listing

On October 6 that, according to Crypto Unfolded, Winklevoss Asset Services has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a spot ETF that directly holds Zcash (ZEC), with plans to list it on the Nasdaq exchange.

Prior to this, Grayscale launched its Zcash investment product, ZCSH, in August 2025, which currently manages assets exceeding $900 million with a management fee of 2.5%.

The report states that following a significant rally this year, ZEC is currently trading at approximately $1,350. The new spot ETF application could further expand avenues for institutional investors to gain exposure to privacy coins, but given the regulatory scrutiny privacy coins face, it remains uncertain whether the product will be approved.