Re: How much?
Each standard VHS tape encoded a video stream and an audio stream, although the encoding method for such was very convoluted, with different fields for different parts of the video stream (the chroma values etc).
Digitizing to a PNG per each separate field would render the encoded video useless, as you couldn't play it without replicating what a VHS player does and you would have lost the audio stream.
To ensure that nothing is lost, as a lossless video and audio format (with compression) might be wanted, but for the vast majority of cases, a decent lossy video codec at acceptable quality settings will ensure that the evidence continues to be retained at a negligible level of quality loss.
If proof that the video was digitized from a VHS tape is wanted, metadata of the encoding methods and dates etc and maybe even PNGs per field/frame from every second (or really every 15 seconds will do) would be sufficient evidence without increasing the storage requirements by an unacceptable amount.