Grayscale's ZEC spot ETF (ZCSH) has completed a 3-for-1 stock split. As of the market close on September 28, shareholders received two additional shares for every one share they previously held. Accordingly, one existing share increased to three shares after the split. After the split, the net asset value (NAV) of each share was adjusted to approximately one-third of the original per-share NAV. However, only the number of shares held has increased, and there is no change in the total investment amount held by investors.