BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase

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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 31, according to an SEC regulatory filing. Every three shares […] The post BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase appeared first on CryptoSlat