iShares Ethereum Trust ETF Announces Reverse Stock Split
On July 31, 2026, iShares Delaware Trust Sponsor LLC, the sponsor of iShares Ethereum Trust ETF, approved a one-for-three reverse stock split. This split will become effective on October 6, 2026, with shares trading on a split-adjusted basis from that date. The record date for the split is October 5, 2026. Following the split, every three shares outstanding will be consolidated into one share. This action will proportionally decrease the number of outstanding shares and increase the net asset value per share, without altering the total investment value for shareholders or the aggregate value of the Trust's assets. Fractional shares will not be issued; instead, proportional fractional shares will be redeemed, and the proceeds will be paid in cash to the shareholder's brokerage account, which may incur tax implications.