Grayscale Zcash ETF Announces 3-for-1 Share Split Following Inflows

Zcash ETF — Grayscale Investments has announced a 3-for-1 share split for its Zcash Trust (ZCSH), a move that follows a surge of $233 million in inflows as the fund’s assets near $890 million.

The split, scheduled for September 26, is intended to make shares more accessible to a broader range of investors by lowering the price per share. The trust’s rapid growth has been fueled by ZEC’s significant price rally over recent months.

This price appreciation has, in turn, driven mining competition for the privacy-focused cryptocurrency to record highs, indicating heightened network security and miner interest. The Grayscale Zcash Trust is a key regulated vehicle providing institutional and retail investors with exposure to ZEC.

The corporate action does not change the total dollar value of a shareholder’s investment but increases the number of shares held proportionally. The announcement highlights the growing institutional footprint in the digital asset space, even for alternative cryptocurrencies beyond Bitcoin and Ethereum.