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Home›Crypto›Ethereum›BlackRock spot Ethereum ETF to undergo 1-for-3 reverse…

BlackRock spot Ethereum ETF to undergo 1-for-3 reverse split in October

The fund will consolidate every three ETHA shares into one, which is expected to raise its per-share net asset value.

Reported · Written up by our desk · Ethereum

BlackRock’s spot Ethereum ETF, ETHA, will undergo a reverse share split in October, according to The Block.

The Block said the corporate action will consolidate every three ETHA shares into one share, increasing the fund’s per-share net asset value.

Latest closeEthereum $1,875.42 ▲0.9%

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Sources

The BlockBlackRock’s spot Ethereum ETF to undergo 1-for-3 reverse share split in October

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