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Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing

Published Source: CoinTelegraphRead original

Crypto Insight Summary: The proposed fund would hold ZEC directly, with Gemini Trust serving as custodian and Winklevoss Capital affiliates eyeing up to a $100 million investment. Crypto Insight Analysis: Direction: Bullish ZEC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: ETF approval could boost institutional demand for ZEC, but SEC approval is uncertain.

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Winklevoss-backed Zcash ETF files with SEC for Nasdaq listing — Crypto Insight