Published Aug 4, 2026, 5:02 PM ET · Updated 3 months ago · 1 source
THE BLOCK: BlackRock’s spot Ethereum ETF will undergo a 1-for-3 reverse share split in October. The $ETHA fund will consolidate every three shares, roughly tripling its per-share price. BlackRock's move could also reduce the "cost to trade" from 7bps to about 2bps, according to Bloomberg ETF Analyst Eric Balchunas.
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THE BLOCK: BlackRock’s spot Ethereum ETF will undergo a 1-for-3 reverse share split in October. The $ETHA fund will consolidate every three shares, roughly tripling its per-share price. BlackRock's move could also reduce the "cost to trade" from 7bps to about 2bps, according to Bloomberg ETF Analyst Eric Balchunas.