Grayscale’s spot Zcash ETF will split its shares 3-for-1 in late September, cutting the fund’s per-share price while leaving each investor’s total holding value unchanged. The fund, which trades under the ticker ZCSH on NYSE Arca, disclosed the move in a September 18 filing with the U.S. Securities and Exchange Commission. The announcement is a mechanical change to the fund’s share structure, not a shift in its investment objective or its underlying exposure to Zcash.