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Gemini co-founder urges Zcash to prioritize privacy and ends governance experiments; files ETF for ZEC on Nasdaq.

Market News
30 Oct 2026, 06:12 WIB
Tokenpost
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Gemini co-founder urges Zcash to prioritize privacy and ends governance experiments; files ETF for ZEC on Nasdaq.

Cameron Winklevoss, co-founder of Gemini, called on Zcash to focus on its core mission of privacy and urged an end to the Zcash Governance Council (ZCG), arguing that governance experiments distract from the project’s main goals. He compared tokenholder voting in blockchain to traditional stakeholder voting in capital markets, emphasizing that governance should not overshadow Zcash’s privacy work. Separately, Winklevoss Asset filed an S-1 registration with the SEC for a new exchange-traded fund (ETF) that would hold Zcash (ZEC) directly. The ETF is planned to trade on Nasdaq under the ticker WINK, with a 0.25% fee and Gemini Trust Company as custodian, signaling increased institutional interest in ZEC.

Cameron Winklevoss's call for Zcash to end its governance council and focus on privacy comes with this market context from Pluang as of Oct 30, 2026 10:11 WIB: Among 50 major cryptocurrencies priced on Pluang, only 4 rose while 45 fell today. Notable movers include BAL (Balancer) with a price of Rp16.297 and a 1-day change of +11.14%, MANA (Decentraland) down 10.59% at Rp1.258 with 100% sell order activity, and CAKE (PancakeSwap) down 10.37% at Rp33.399 with 91% sell order activity. The most notable figure is BAL's 11.14% gain.

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