BlackRock ETHA ETF Set for One-for-Three Reverse Share Split on October 5
BlackRock's iShares Ethereum Trust ETF (ETHA) will undergo a one-for-three reverse share split on October 5, 2026. This means that for every three ETHA shares held, investors will receive one new share.
The split is intended to adjust the price per share of ETHA without changing the total value of the investment or the fund's ether holdings. According to BlackRock, this move aims to make trading more cost-effective by reducing the bid-ask spread.
However, it's essential for investors to note that a reverse share split does not reflect institutional buying or selling and does not signal a change in flows. The value of the investor's total ETHA position remains unchanged.