StockWatch
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Commodity Contracts Brokers & Dealers
SplitAug 4, 2026, 04:17 PM

iShares Ethereum Trust ETF Announces 1-for-3 Reverse Split

AI Summary

iShares Delaware Trust Sponsor LLC, the sponsor of iShares Ethereum Trust ETF, approved a one-for-three reverse split of the Trust's shares. The reverse split will become effective as of the open of business on October 6, 2026, with a record date of October 5, 2026. This action will decrease the number of outstanding shares and increase the net asset value per share, without changing the total value of a shareholder's investment. Fractional shares will be redeemed for cash.

Key Highlights

  • iShares Delaware Trust Sponsor LLC approved a reverse split of the Trust's shares.
  • The reverse split ratio is one-for-three.
  • Effective date for trading on a split-adjusted basis is October 6, 2026.
  • Record date for the reverse split is October 5, 2026.
  • The reverse split will proportionately decrease outstanding shares and increase NAV per share.
  • No fractional shares will be issued; they will be redeemed for cash.