Winklevoss files for spot Zcash ETF WINK as Fortitude books $100M in BITMAIN miners
- —WINK carries a 0.25% fee versus 2.5% for the already-listed Grayscale ZCSH
- —Winklevoss Capital Fund signaled intent to buy up to $100 million of the ETF's shares
- —Fortitude booked up to $100 million of BITMAIN miners, with deliveries expected in Q2 2027
- —Fortitude's $20 million deposit comes from a DCG loan in ZEC; its credit line rose to $70 million
Why it matters: Two large Zcash bets: an ETF could bring inflows, while rising hashrate intensifies block-reward competition and adds ZEC selling pressure.
Source: 2Bitcoins.ru