As a result of the reverse share splits, the Grayscale Bitcoin Mini Trust ETF and Grayscale Ethereum Mini Trust ETF are set to see 5x and 10x price increases, respectively.
Grayscale Investments, one of the world’s largest Bitcoin exchange-traded fund (ETF) issuers, is making moves to improve the cost efficiency of its crypto ETFs through reverse share splits.
On Nov. 19, Grayscale completed reverse share splits of its two crypto ETFs, the Grayscale Bitcoin Mini Trust ETF (BTC) and Grayscale Ethereum Mini Trust ETF (ETH).
Grayscale said the reverse share splits for the ETFs are designed to make the trading of securities more “cost-effective.”
