🚨 Huge demand for the Zcash fund... and Grayscale decides to split $ZCSH 3-for-1! 🔥
Grayscale announced a 3-for-1 stock split for the Zcash ETF fund (ZCSH), following strong growth for the fund in less than a month since its launch.
💰 $233 million in inflows to ZCSH
📊 Assets under management nearing $890 million
⏱️ All within less than a month
✂️ And now a 3-for-1 split for the fund’s shares
A 3-for-1 split means the investor receives 3 shares for every share they own, while the share price theoretically drops to one-third—without changing the total value of the investment due to the split itself.
👀 Zcash in cash mode is no longer just a story of ZEC price increases... demand for the associated investment product has become a story on its own.
🔥 $233 million in inflows and assets nearing $900 million within less than a month... privacy continues to attract liquidity!
Grayscale announced a 3-for-1 stock split for the Zcash ETF fund (ZCSH), following strong growth for the fund in less than a month since its launch.
💰 $233 million in inflows to ZCSH
📊 Assets under management nearing $890 million
⏱️ All within less than a month
✂️ And now a 3-for-1 split for the fund’s shares
A 3-for-1 split means the investor receives 3 shares for every share they own, while the share price theoretically drops to one-third—without changing the total value of the investment due to the split itself.
👀 Zcash in cash mode is no longer just a story of ZEC price increases... demand for the associated investment product has become a story on its own.
🔥 $233 million in inflows and assets nearing $900 million within less than a month... privacy continues to attract liquidity!