other material
confidence high
sentiment neutral
materiality 0.40
Grayscale Bitcoin Mini Trust (BTC) and Ethereum Mini Trust (ETH) complete reverse splits at 1:5 and 1:10
Grayscale Bitcoin Mini Trust ETF
- BTC reverse share split at 1:5 effective Nov 19, 2024; price per share increased to 5x prior NAV.
- ETH reverse share split at 1:10 effective same date; price per share increased to 10x prior NAV.
- New CUSIPs: BTC 389930207, ETH 38964R203; shares continue trading under same tickers on NYSE Arca.
- Fractional shares handled by DTC participants; no trading of fractional shares on exchange.