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 Grayscale completes reverse share splits of Bitcoin and Ether ETFs Cointelegraph 1 day ago

Grayscale completes reverse share splits of Bitcoin and Ether ETFs 📈

Grayscale has successfully executed reverse share splits for its Bitcoin and Ether ETFs. This financial maneuver is expected to increase the price of the Grayscale Bitcoin Mini Trust ETF by a factor of five.

Similarly, the Grayscale Ethereum Mini Trust ETF will see a tenfold increase in its price as a result of these reverse share splits.

This strategic move by Grayscale is aimed at adjusting the share price of its ETFs to attract a broader range of investors.

Source: cointelegraph.com ↗