BlackRock is preparing a one-for-three reverse split of its iShares Ethereum Trust ETF (ETHA), a structural change that will lift ETHA’s share price and could reduce its effective trading spread without changing the value of investors’ holdings. ETHA’s sponsor approved the reverse split on July ...
Source: [CryptoSlate](https://cryptoslate.com/blackrocks-rare-etha-reverse-split-is-about-to-make-trading-ethereum-70-times-cheaper-than-coinbase/)