iShares Ethereum Trust ETF Approves 1:3 Reverse Split for Oct 6, 2026
The iShares Ethereum Trust ETF has announced a one-for-three reverse split of its shares. This move is set to take effect on October 6, 2026.
The reverse split ratio approved by the sponsor combines every three existing shares into one as of the record date, which falls on October 5, 2026. The resulting split-adjusted trading will begin at the open on October 6, 2026, and the net asset value (NAV) per share will increase proportionately.
The total investment value and trust aggregate assets remain unchanged despite the reduced share count. However, no fractional shares will be issued; instead, any fractional interests will be cashed out to brokerage accounts, which may have tax implications.