Zcash ETF fee war: Winklevoss undercuts Grayscale with ETF filing

Crypto Insight Summary: The Winklevoss Asset Services filed a preliminary S-1 with the U.S. Securities and Exchange Commission (SEC) on Tuesday, October 6, for a spot Zcash (ZEC) exchange-traded fund (ETF). It states that it would charge a 0.25% annual sponsor fee, which is one-tenth of what market leader Grayscale charges on the only live U.S. Zcash ETF.... Crypto Insight Analysis: Direction: Bullish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETF fee war could drive institutional interest in ZEC