Grey releases Bitcoin and Ethereum mini trust ETF reverse split
Grey release completed the reverse split of the Bitcoin Mini Trust ETF and Ethereum Mini Trust ETF on November 19, increasing the price per share and reducing the number of outstanding shares. After the split, every 5 shares of the Bitcoin Mini Trust ETF will be combined into 1 share, and the price per share will be 5 times the pre-split net asset value (NAV); every 10 shares of the Ethereum Mini Trust ETF will be combined into 1 share, and the price per share will be 10 times the pre-split NAV. The number of shares held by shareholders (excluding zero shares) will be reduced proportionally and no action will be taken. The change will take effect on the trading day of November 20.