Grayscale to split Zcash ETF ZCSH shares 3-for-1
- —ZCSH split is 3 new shares for 1 old share
- —Total value of shareholders' investments will not change
- —This concerns Grayscale's spot Zcash ETF
Why it matters: The split lowers the per-share price and improves accessibility of the instrument for retail investors, which could support inflows into the Zcash ETF.
Source: PANews