📌 BlackRock’s ETHA Will Reverse Split 1-for-3 in October as Ether ETF Trades Near $14 – The move mirrors a mechanism Grayscale already used on its own bitcoin and ether funds, and lands as ETHAs per-share price has fallen alongside a rough year for Ether.
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BlackRock will execute a 1-for-3 reverse split of its iShares Ether Trust (ETHA) in October, mirroring Grayscale’s earlier fixes for crypto trusts, as ETHA shares trade near $14 amid a rough year for #ETH and weaker per‑share NAVs. Investors will see share counts adjusted. #BlackRock