Grayscale’s Zcash ETF attracts $233 million, assets nearing $900 million Grayscale’s Zcash ETF (ZCSH) is experiencing strong investor demand, having attracted over $233 million in net inflows since its listing on NYSE Arca on August 25. On September 8 alone, the fund drew more than $112 million, followed by an additional $46.6 million on September 16. As of September 17, ZCSH has reached nearly $890 million in net assets and over $11 billion in cumulative trading volume in less than a month. Grayscale plans to execute a 3-for-1 stock split: each existing share will receive two additional shares, with trading at the post-split price beginning on September 30. The split does not alter the total value of the investment but reduces the price per share. The surge in ETF inflows coincides with $ZEC surging to approximately $1,521—a new effective all-time high, according to The Block. This momentum has also extended to mining activity, with Zcash’s network hash rate rising nearly 28% since late August and mining difficulty reaching new all-time highs.