Grayscale’s Zcash ETF Completes 3-for-1 Share Split

The Zcash ETF (ZCSH), built by Grayscale, has completed a 3-for-1 forward share split, with shares beginning to trade on a post-split basis on September 30, 2026. Shareholders of record as of September 28 received two additional shares for every share held, turning each pre-split share into three post-split shares. The split reduced the fund’s net asset value per share proportionally but did not change the total value of investors’ holdings. ZCSH continues to trade on NYSE Arca under the same ticker and retains its existing CUSIP number. The product provides exposure tied to Zcash but is structured as an exchange-traded product rather than a registered investment company under the Investment Company Act of 1940, and an investment in ZCSH does not represent direct ownership of ZEC.