Grayscale ZEC ETF Plans 3-to-1 Stock Split

Grayscale has announced a planned 3-to-1 stock split for its Zcash ETF (ZCSH). Under this split, each existing share will be divided into three new shares, effectively tripling the total share count while theoretically reducing the per-share price to one-third of its current level. However, investors' overall investment value will remain unchanged as the increase in share quantity offsets the lower per-share price.