Markets· ★★★· bullish·

Grayscale's Zcash ETF Sets 3-for-1 Split After $233M Inflow Surge

  • —3-for-1 split: holders get two extra ZCSH shares for each share owned
  • —ZCSH inflows topped $233 million less than a month after its Aug. 25 debut
  • —Net assets reached about $890 million, cumulative volume over $11 billion
  • —The split does not change position value, only lowers the per-share price
Why it matters: The split lowers the per-share price, making the ETF more accessible to smaller investors and more flexible for options strategies.
#ZEC
Source: Coinpaper
More on this
Markets · Sep 23
Zcash tops $1,600 as Grayscale ETF sees $32.8M inflow and shielded activity hits 4-year high
 Markets · Sep 21
Zcash holds above $1,500 on $98.21 million Grayscale ETF inflow and NU7 upgrade
 Markets · yesterday
Grayscale's Zcash ETF draws $306M since August, nears $1B valuation