👍 Winklevoss Zcash ETF Filing

Winklevoss Asset Services filed an S-1 with the SEC for the Winklevoss Zcash ETF. The fund would hold ZEC directly and plans to list on Nasdaq under WINK.

Gemini Trust Company, affiliated with the Winklevoss brothers, would serve as custodian. The fee is undisclosed. The filing starts the process, not approval. Regulatory risks around privacy coins and the affiliated custodian could raise conflict-of-interest questions.

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🇨🇳 NEW: The EU is seeking to reduce its trade deficit with China, exceeding €1 billion a day, in Beijing talks that will also address restrictions on rare earth exports.

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🇸🇬 LONGITUDE: The concept of waiting until Monday for a payment could become obsolete.

“Nobody's gonna be talking about weekend settlements or weekend payments,” says Visa's Head of Digital Currencies, Nischint Sanghavi.

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