Grayscale’s Zcash ETF files for 3-for-1 forward share split
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Grayscale Is Making Its Red-Hot Zcash ETF More Affordable
The Zcash ETF is splitting its shares three ways after pulling in more than $233 million in under a month, as Wall Street piles into crypto's hottest privacy trade.
Grayscale Launches Zcash ETF Following Critical Privacy Flaw That Rocked the Cryptocurrency
The fund gives brokerage investors exposure to ZEC as Grayscale bets on demand for crypto assets beyond Bitcoin and Ethereum.
Grayscale says Zcash can challenge Bitcoin’s network effects as privacy demand grows
ZEC has climbed roughly 19-fold in a year, yet Grayscale says its sub-1% share of Bitcoin’s market cap leaves room for further upside.
A-shares closed lower: The ChiNext index rose initially but then fell back, closing down 1.7%, with robotics and lithium mining concepts experiencing a collective correction.
PANews reported on July 8th that, according to Cailian Press, the market experienced volatile adjustments, with all three major indices closing lower. The combined turnover of the Shanghai and Shenzhen stock exchanges was 2.56 trillion yuan, a decrease of 17.6 billion yuan compared to the previous trading day. Market hotspots were scattered, with over 3,700 stocks declining. In terms of sectors, the computing power leasing concept bucked the trend, with YunSai Zhilian, DataPort, Wangsu Science & Technology, Nanxing Shares, and 263 all hitting their daily limit. The AI server concept was active, with Inspur Information hitting its daily limit. Gold stocks fluctuated and rose, with Zhaojin Gold rebounding to its daily limit. The information security concept saw unusual upward movement, with Green Alliance Technology hitting its 20% daily limit and Zhongcheng Technology rising over 16%. On the downside, the humanoid robot concept fluctuated and adjusted, with Estun, Dayang Electric, and Rifeng Precision Machinery hitting their daily limit. The lithium mining concept collectively weakened, with Tianqi Lithium, Rongjie Shares, and Shengxin Lithium Energy hitting their daily limit. At the close, the Shanghai Composite Index fell 0.49%, the Shenzhen Component Index fell 1.87%, and the ChiNext Index fell 1.7%.
SpaceX shares closed down more than 6.8%, hitting a new low since its IPO.
According to data from Odaily Odaily, SpaceX shares closed down more than 6.8% on Monday, at $149.47, marking its lowest closing price since its IPO.
Rocket Lab's founder appears to have executed a planned stock sale, causing RKLB shares to close down 7.37%.
According to the latest Form 144 Odaily, Peter Beck, founder and CEO of commercial space company Rocket Lab (RKLB), plans to sell 5 million ordinary shares around July 6, worth approximately $465 million. Peter Beck had previously announced this stock sale. In March of this year, Rocket Lab announced that Peter Beck planned to sell up to 5 million shares of the company's common stock through Goldman Sachs. The sale window could begin as early as the end of June 2026 and close no later than July 8, 2026. On the day of the official announcement, RKLB's stock price was $60.9. According to US stock market data, RKLB closed at $93.09 yesterday, down 7.37%.