Grayscale's Zcash ETF Is Splitting 3-for-1 Less Than a Month After Launch I honestly didn't expect a privacy coin ETF to need a stock split this fast. 😄 Grayscale's ZCSH launched on Aug. 25, pulled in over $233 million, and is now doing a 3-for-1 split, with split-adjusted trading starting Sept. 30. Holders get two extra shares for every one they own. Quick reality check, though. A split doesn't make you richer, it just cuts the price per share and multiplies the count. Ten shares at $300 become 30 at $100, same $3,000 either way. What it does tell you is that demand is real. ZCSH hit around $890 million in net assets and over $11 billion in trading volume by Sept. 17, while $ZEC ran above $1,200 earlier this month. 🔥 Cheaper shares make it easier for smaller investors and options traders to jump in, and Grayscale has filed for an income ETF built around options. The part I'd keep an eye on is leverage. ZEC futures open interest climbed above $2.3 billion, and I've watched enough squeezes to know that cuts both ways. ETF money is a great tailwind, but with that much leverage around, one sharp move could get loud fast. ⚡ #ZEC #Altcoin Season#