Market news
BlackRock has announced that its spot Ethereum ETF will undergo a 1-for-3 reverse share split in October. This move is part of the firm's strategy to adjust the share structure of the ETF.
A reverse share split typically consolidates the number of shares outstanding, which can impact the trading price and liquidity of the ETF.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.