[Grayscale Zcash ETF Asset Size Reaches $1 Billion, Net Inflows Less Than 30%] Odaily Planet Daily News: As of September 24, the net asset size of Grayscale's Zcash ETF (ZCSH) reached $1 billion, with cumulative net inflows of $306.12 million, accounting for less than 30%. The fund began trading on NYSE Arca on August 25, surpassing $500 million in size within two weeks. ZCSH was renamed from Grayscale Zcash Trust, which was established in October 2017 and already held ZEC at the time of listing. Meanwhile, the price of ZEC has approximately doubled since the ETF's listing, driving the growth of the fund's asset size. On September 8, Grayscale's parent company, DCG International Investments, exchanged 85,705.32563297 ZEC for approximately $100 million worth of ZCSH shares. Excluding this non-cash transaction, external new funds amounted to about $200 million. Grayscale will implement a 3-for-1 forward split before the market opens on September 30, applicable to holders registered as of the close of trading on September 28. After the split, the net asset value per share is expected to decrease to about one-third, while the number of shares will triple, with the dollar value of holdings remaining unchanged. (Bitcoin.com News)