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BlackRock's Ethereum ETF to do 1-for-3 reverse share split in October

BlackRock has announced a 1-for-3 reverse share split of its spot Ethereum ETF (ETHA), scheduled for October. Every three ETHA shares will be consolidated into one, raising the fund's per-share net asset value. The move is a technical adjustment and does not change the total value of investors' holdings.

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