Grayscale’s Zcash ETF has filed for a 3-for-1 forward share split, according to Cointelegraph. The split is scheduled to take effect at the close of trading on Sept. 28. Shareholders who hold the ETF at that time will receive two additional shares for every one share they own. The action will increase the number of ETF shares held by eligible investors under the stated distribution terms. The filing concerns Grayscale’s exchange-traded fund linked to Zcash (ZEC).
Source
Cointelegraph
Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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