Grayscale Zcash ETF Assets Reach 1 Billion Dollars, Net Inflows Under 30 Percent

According to Bitcoin.com, the Grayscale Zcash ETF (ZCSH) has reached 1 billion dollars in assets under management, with cumulative net inflows of 306.12 million dollars, accounting for less than 30 percent of the total. The fund, which began trading on NYSE Arca on August 25, saw its assets grow significantly due to a doubling in ZEC price and a 100 million dollar share exchange by DCG International Investments. Excluding this non-cash transaction, external inflows total approximately 200 million dollars. Grayscale will implement a 3-for-1 forward share split effective before the market opens on September 30 for holders of record as of September 28.