Oddbean new post about login | logout Grayscale completes reverse share splits of Bitcoin and Ether ETFs 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. https://image.nostr.build/3fdb93c826ae2f918a9c4721006472770c2fa9391973fd905c12e3d91a49b0da.jpg [Source](https://cointelegraph.com/news/grayscale-bitcoin-ether-etfs-reverse-share-split)
Grayscale Bitcoin Mini Trust ETF: The reverse split involved consolidating every five pre-split shares into one post-split share. Consequently, the price per share is now five times the net asset value (NAV) prior to the split Grayscale Ethereum Mini Trust ETF: Similarly, for this ETF, every ten pre-split shares have been consolidated into one post-split share, resulting in a price that is ten times the NAV before the split
