Grayscale's Zcash ETF holders to get triple their ZCSH holdings after 3:1 share split approval
Grayscale said on September 18 that it plans a 3-for-1 forward split of its Zcash ETF (ZCSH). ZCSH is the first U.S. fund tracking a privacy coin. The move will triple each holders share count without changing what their stake is worth. What Grayscale‘s Zcash ETF share split means for holdersWhat does Grayscale’s share split mean for its shareholders? Grayscale has said that it is planning on splitting its Zcash ETF (ZCSH) in a way that anyone holding ZCSH at the close on September 28 receives two additional shares for each one they already own. Discover more News Compare Exchange Rates Open Trading Account The shares are to be distributed after the market closes on September 29. Post-split trading is set to begin before the opening bell on September 30, the effective date. Cryptopolitan reported that Grayscale converted its long-running Zcash Trust into an ETF under the ticker ZCSH and listed it on NYSE Arca on August 25. Coinbase Custody holds the coins, and the fund carries a 2.5% annual fee, roughly ten times what a spot Bitcoin ETF charges. Grayscale said on September 8 that its assets passed $500 million following the debut, up from the $260 million or so the fund listed with. In a September 17 Medium analysis









