Zcash is a privacy coin whose transactions can be fully shielded — sender, recipient, amount, all invisible. In August, Grayscale turned its Zcash Trust into
ZCSH, the world's first spot Zcash ETF, and investors piled in: $233 million in a month, including a single $112 million day on September 8.ZEC is up 2,800% over the past year, hitting $1,521 on Friday. That's the problem — ETF shares can't be bought fractionally the way tokens can, so a runaway price locks out smaller investors. Fix: a 3-for-1 forward split, record date September 28, new shares distributed the 29th, split-adjusted trading starts the 30th. Same ticker, same CUSIP.A coin engineered to make money invisible, now repackaged for retirement accounts — with a line out the door.
Decrypt