Grayscale's Zcash ETF Announces 3-to-1 Forward Share Split
Grayscale's Zcash ETF (ZCSH) has filed for a 3-for-1 forward share split, according to a recent SEC filing.
The share split is set to take effect at the close of trading on September 28. At this time, shareholders will receive two extra shares for each one they hold.
This move is expected to decrease the price per share of the fund and increase the number of outstanding shares.