Grayscale’s Zcash ETF Hits $233M+ and Splits Shares

Grayscale is executing a 3-for-1 share split for its Zcash ETF (ZCSH) on September 30, 2026, to improve accessibility after the fund attracted over $233 million in inflows in less than a month.

The top 3

  1. Split Mechanics: $300 to $100 Per Share: Existing holders receive two additional shares for each one held; the NAV per share drops to one-third, leaving total investment value unchanged.
  2. Explosive Inflows: Over $233M in Under 30 Days: The Zcash ETF (ZCSH) surged to nearly $914 million in assets, capturing massive institutional interest since its late August 2026 launch.
  3. Catalyst: ZEC's 2,800% Year-Over-Year Price Surge: Zcash hit an effective all-time high of $1,521, prompting the split to maintain affordability for retail investors.

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