Grayscale's Zcash Trust has filed for a 3-for-1 forward share split, which will take effect at the close of trading on September 28. This means that each shareholder will receive two additional shares for every one they already hold. The move aims to make the trust's shares more accessible and easier to buy and sell on public markets. The split is intended to increase the liquidity of the trust's shares and make them more attractive to investors.
Source
"Grayscale's Zcash ETF Proposes 3-for-1 Forward Share Split" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.