Grayscale's Zcash ETF (ZCSH) will undergo a 3-for-1 forward share split effective September 30, 2026, with shareholders receiving three post-split shares for every share held as of the September 28 record date. The move follows strong investor demand, with the fund attracting over $233 million in inflows since its August 25 launch.
Zcash price surged close to $1,600, while developers target November 5 for the NU7 upgrade that would cut block times to 25 seconds from 75 seconds. Grayscale announced a 3-for-1 forward share split for its Zcash ETF to improve accessibility.
Zcash (ZEC) jumped approximately 20% to briefly top $1,000 on September 4, reaching its highest level in nearly a decade and lifting its market cap to roughly $17 billion. The rally was fueled by strong inflows into Grayscale's ZCSH ETF, which has crossed $400 million in assets.
Grayscale converted its Zcash Trust into the first US exchange-traded fund offering direct exposure to the privacy-focused cryptocurrency, listing on NYSE Arca under ticker ZCSH with a 2.5% annual fee. The launch comes as ZEC has rallied 70% over the past month to eight-year highs.
Grayscale amended its SEC filing for Zcash Trust's potential conversion to a spot ETF on NYSE Arca. A Digital Currency Group affiliate is considering contributing approximately 200,000 ZEC to the trust in exchange for shares.
Grayscale filed an SEC prospectus supplement updating its $1.6 billion Ethereum Staking Mini ETF to stake nearly all of its 839,556 ETH holdings and distribute staking rewards as quarterly cash payments to investors, effective August 6, 2026.
Bitwise added ticker $BHYP and a 0.67% management fee in its latest amended S-1 filing for a Hyperliquid ETF. Multiple asset managers including Grayscale, 21Shares, and VanEck are competing to launch HYPE-linked ETFs.
Morgan Stanley priced its proposed spot Bitcoin ETF (MSBT) at 14 basis points, undercutting all existing competitors and potentially launching in early April. Bloomberg analysts called it a 'big move' that could drive significant inflows given the bank's 16,000 financial advisors managing $6.2 trillion in client assets.
