Grayscale Investments has implemented reverse share splits for its Bitcoin and Ethereum ETFs, aimed at improving cost efficiency. The splits took place on November 19, with the Grayscale Bitcoin Mini Trust ETF experiencing a 5x increase in share price, while the Grayscale Ethereum Mini Trust ETF saw a 10x increase. After the reverse splits, the number of shares held by shareholders decreased proportionately. Investors will be able to hold fractional shares, tracked by their depository trust company. According to Grayscale, shareholders do not need to take any action as the splits will automatically adjust their holdings. The Grayscale Bitcoin Mini Trust ETF rose to $41 per share and the Ethereum counterpart reached $2.90 in pre-market trading following the adjustments. Grayscale stated that these changes reflect their commitment to adapting their products to better meet the needs of their investment community.

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