Grayscale's Zcash ETF reaches $1 billion in size and will be split on September 30th

As of September 24th, Grayscale's Zcash ETF (ZCSH) had a net asset size of $1 billion and a cumulative net inflow of $306.12 million. The fund was listed on NYSE Arca on August 25th, with a scale exceeding $500 million within two weeks. On September 8th, DCG International Investments exchanged 85705 ZECs for approximately $100 million in ZCSH shares, with an additional external capital increase of approximately $200 million after excluding this transaction. Grayscale will implement a 3-1 positive split on September 30th, with the number of shares increasing threefold and the value of holdings in US dollars remaining unchanged. (Source: Bitcoin.com News)