Grayscale announced a 3 for 1 forward stock split for its spot Zcash ETF, ticker $ZCSH, effective September 30, 2026. The move occurs less than a month after the fund began trading and seeks to improve liquidity by reducing the entry point for investors. Since launch, the ETF has pulled in more than $233 million in net inflows, including $46.6 million on September 17.

The fund's expansion follows a rally in Zcash, which has climbed above $1,400 to reach its highest level since 2016 and enter the top 10 cryptocurrencies by market capitalization. The Zcash ETF returned 32.63% during the past week.