Grayscale's Zcash ETF To Undergo 3-For-1 Split

Grayscale's Zcash (CRYPTO: $ZEC) exchange-traded fund (ETF) is undergoing a 3-for-1 share split just weeks after it began trading. On Sept. 28, shareholders of the Zcash ETF (NYSE: $ZCSH) will receive two new shares for each existing share they own. The split adjustments will occur after the market closes on Sept. 29, with regular trading resuming on Sept.

30. This split comes as investors have poured over $233 million U.S. into the Zcash ETF since its Aug. 25 launch. The fund now holds $890 million U.S. in assets and has seen trading volumes surpass $11 billion U.S. Zcash (ZEC) has reached an all-time high of $1,521 U.S., making it one of the top-performing cryptocurrencies this year.

Despite the rareness of ETF splits, particularly so soon after inception, the move reflects the strong demand for Grayscale's fund. ZEC's price has tripled (up 200%) so far in 2026, cementing its status as a standout performer in the cryptocurrency market.