Greyscale Completes Bitcoin and Ether Mini-Trust ETF Reverse Split

Grayscale completed a reverse stock split of its Bitcoin Mini-Trust ETF and Ether Mini-Trust ETF on November 19, boosting the price per share and reducing the number of shares outstanding. After the stock split, every five shares of the Bitcoin Mini-Trust ETF were consolidated into one share at a price per share of five times the pre-split net asset value (NAV), and every 10 shares of the Ether Mini-Trust ETF were consolidated into one share at a price per share of 10 times the pre-split NAV. The number of shares held by shareholders (excluding nil shares) is reduced pro rata and no action is required and the change will be effective on the trading day of 20 November.