Grayscale’s Zcash ETF plans 3-for-1 split after $233 million inflow surge
60-second summary
Grayscale’s Zcash ETF (ZCSH) approaches $890 million in assets after a $233 million inflow surge, prompting a 3‑for‑1 split plan. The fund’s growth coincides with ZEC’s rally, driving mining competition to record levels. This expansion signals heightened investor interest in privacy coins, potentially boosting overall crypto market liquidity and valuation and price appreciation.
The Grayscale Zcash ETF (ZCSH) nears $890 million in assets as ZEC’s rally pushes mining competition to record highs.