Grayscale's Zcash ETF will implement a 1-to-3 stock split after the close on September 28th

Grayscale's Zcash ETF (ZCSH) has submitted a 1-to-3 split document to the US SEC. After the close on September 28th, shareholders will receive an additional 2 shares for every 1 share they hold. The price per share of the fund will decrease proportionally, the number of outstanding shares will increase, and the total value of holdings will remain unchanged.