Grayscale 完成 BTC 和 ETH 迷你信託 ETF 的反向股票分割，為 BTC ETF 選擇權首次亮相做準備

數位貨幣資產管理公司 Grayscale Investments 已完成其比特幣 [BTC] Mini Trust ETF (BTC) 和以太幣的反向股票分割

Grayscale Completes Reverse Share Splits for BTC, ETH Mini Trust ETFs

Grayscale 完成 BTC、ETH 迷你信託 ETF 的反向股票分割

Grayscale, a digital currency asset manager, has finalized reverse share splits for its Bitcoin ( BTC ) Mini Trust ETF and Ethereum ( ETH ) Mini Trust ETF.

數位貨幣資產管理公司 Grayscale 已完成其比特幣 (BTC) Mini Trust ETF 和以太幣 (ETH) Mini Trust ETF 的反向股票分割。

The changes went into effect on the 20th of November, following the execution of the reverse share splits the prior evening.

這些變更於前一天晚上執行反向股份分割後於 11 月 20 日生效。

According to a recent blog post by David LaValle, Grayscale's Global Head of ETFs,

根據 Grayscale ETF 全球主管 David LaValle 最近發表的一篇部落格文章，

“Based on feedback from our clients, we believe this is the right decision and beneficial to our clients and the investment community.”

“根據客戶的反饋，我們相信這是正確的決定，對我們的客戶和投資界有利。”

A reverse share split combines several shares into one, reducing total shares but raising the share price.

反向股份分割將多股股份合併為一股，減少了股份總數，但提高了股價。

Grayscale's recent move was a 1:10 reverse share split for its Grayscale Ethereum Mini Trust ETF.

Grayscale 近期的舉措是對其 Grayscale Ethereum Mini Trust ETF 進行 1:10 的反向股票分割。

This increased the price per share to 10 times its pre-split net asset value (NAV) while reducing the number of shares outstanding proportionately.

這將每股價格提高至分割前資產淨值 (NAV) 的 10 倍，同時按比例減少流通股數量。

Grayscale also executed a 1:5 reverse split for its Grayscale Bitcoin Mini Trust ETF, raising the price per share to five times its pre-split NAV with a corresponding decrease in shares outstanding.

Grayscale 也對其 Grayscale 比特幣迷你信託 ETF 執行了 1:5 反向分割，將每股價格提高至分割前資產淨值的五倍，流通股也相應減少。

However, the asset manager noted that shareholders may end up holding fractional shares post-split.

然而，資產管理公司指出，股東最終可能會在分拆後持有部分股份。

Depending on their Depository Trust Company (DTC) participant's policies, these fractional shares can either be tracked internally or aggregated and sold, with shareholders receiving cash proceeds.

根據存託信託公司 (DTC) 參與者的政策，這些零碎股份可以在內部追踪，也可以匯總並出售，股東將獲得現金收益。

It is important to note that fractional shares are ineligible for trading on the NYSE Arca.

值得注意的是，碎股不符合在 NYSE Arca 交易的資格。

Following the split, the firm's ETFs for Bitcoin and Ethereum showed mixed performance, according to Yahoo Finance.

據雅虎財經稱，分拆後，該公司的比特幣和以太坊 ETF 表現參差不齊。

The Bitcoin Mini Trust ETF closed at $41.84, showing a 1.80% increase during regular trading hours.

比特幣迷你信託 ETF 收在 41.84 美元，常規交易時段上漲 1.80%。

On the other hand, the Ethereum Mini Trust ended at $28.93, showing a 0.92% depreciation.

另一方面，以太坊迷你信託收在28.93美元，貶值0.92%。

However, it saw a pre-market rise to $29.58, gaining 2.25%.

然而，盤前上漲至 29.58 美元，漲幅為 2.25%。

The reverse share splits also precede a major development for the firm. Grayscale is set to begin trading BTC ETF options for its Grayscale Bitcoin Trust ( GBTC ) and the Mini Trust on the 21st of November, expanding significantly in the U.S. market.

反向股份分割也是公司重大發展之前的事。 Grayscale 將於 11 月 21 日開始為其 Grayscale 比特幣信託 (GBTC) 和 Mini Trust 提供 BTC ETF 選擇權交易，從而在美國市場大幅擴張。

The asset manager shared its excitement about this milestone in a recent post on X.

這家資產管理公司最近在 X 上發表了一篇文章，分享了對這一里程碑的興奮之情。

This move follows BlackRock's IBIT options debut, which saw nearly $1.9 billion in trading volume on its opening day.

在此之前，貝萊德首次推出 IBIT 選擇權，開盤當天交易量接近 19 億美元。