other material
confidence high
sentiment neutral
materiality 0.30
Grayscale Bitcoin Mini Trust (BTC) 1:5 reverse split; Ethereum Mini Trust (ETH) 1:10 effective Nov 19
Grayscale Bitcoin Mini Trust ETF
- BTC reverse split at 1:5 ratio; ETH reverse split at 1:10 ratio.
- Effective 5:00 p.m. ET Nov 19, 2024; shares continue trading Nov 20 under symbols BTC and ETH.
- New CUSIPs: BTC 389930207; ETH 38964R203.
- Fractional shares may be tracked by DTC participant or aggregated and sold for cash.
- Reverse splits increase NAV per share proportionally without changing total value held.