Grayscale completes 3-for-1 split of Zcash ETF ZCSH
- —The 3-for-1 split took effect September 30 before the NYSE Arca open
- —Shareholders of record on September 28 received two additional shares per old share
- —NAV per share was adjusted to about one-third of the pre-split level
- —The ZCSH ticker and CUSIP are unchanged
Why it matters: The split lowers the per-share price and makes ZCSH more accessible to retail investors amid rising interest in Zcash.
Source: PANews