ZCSH Sees $233M Inflow as 3-to-1 Stock Split Proposed

Grayscale's Zcash ETF ZCSH saw a $233 million inflow, with assets under management nearing $890 million. The Block reported on September 18 that the Zcash ETF has continued to see net inflows, bringing its AUM close to $890 million. The Block also noted that ZEC price gains have coincided with mining competition reaching an all-time high. Grayscale disclosed in SEC filings that shareholders as of the market close on September 28 will receive split shares after the market close on September 29, with trading beginning at the open on September 30 based on the adjusted split ratio. The existing one share will be converted to three shares, while the ticker ZCSH remains unchanged.