Grayscale to execute 3-for-1 Zcash ETF share split

Grayscale announced a 3-for-1 share split for its Zcash ETF (ZCSH), with trading on a split-adjusted basis set to begin on September 30. Shareholders will receive two additional shares for every one held, effectively reducing the price per share by approximately two-thirds without impacting the total value of investor holdings. Since its launch on August 25, the fund has attracted over $233 million in inflows, with net assets reaching nearly $890 million and cumulative trading volume exceeding $11 billion as of September 18.