BLK · News · 20260805N

ETHA Reverse Share Split

BlackRock, Inc. · 2026-08-05 · Importance 25 · Surprise 42

BlackRock's iShares Ethereum Trust ETF, ETHA, is scheduled for a 1-for-3 reverse split on October 6. The move is intended to raise the per-share net asset value and reduce the estimated bid-ask spread from about 7 basis points to approximately 2 basis points. ETHA had more than $5 billion in assets under management and was described as the largest Ethereum-based ETF. The product change is designed to improve trading efficiency as institutional interest in Ethereum grows and competition among digital-asset ETFs increases.

Key facts

• The ETHA reverse split is projected to lower ETHA's trading spread from approximately 7 basis points to about 2 basis points. source
• ETHA is currently the largest ETH-based ETF with over $5 billion in assets under management. source