Grayscale's Zcash ETF completed a 3-for-1 share split, with ZCSH shares officially trading on a post-split basis.

BlockBeats news, October 1st, the Zcash ETF (Ticker: ZCSH) launched by Grayscale announced the completion of a 3-for-1 forward share split.

This split took effect before the market open on September 30th. Investors holding ZCSH at the close on September 28th will receive two additional shares after the close on September 29th, meaning every 1 pre-split ZCSH share is converted into 3 post-split shares.

After the split, ZCSH will continue to trade on NYSE Arca, and the fund's CUSIP number will remain unchanged. This share split will not change the total value of investors' holdings, and the net asset value (NAV) per share will decrease to approximately one-third of the pre-split level.