
Winklevoss calls to end Zcash grants, opposes governance redesign
- —Winklevoss wants ZCG closed, calling it a distraction from the privacy mission
- —A prior proposal would route 8% of block rewards to NSM instead of ZCG
- —Winklevoss Asset filed an S-1 for a Zcash ETF with ticker WINK and a 0.25% fee
- —Gemini Trust Company would serve as the ETF's custodian
Why it matters: The ZCG funding fight and the ETF filing could shape Zcash governance and institutional demand for ZEC.
Source: TokenPost