ChainCatcher news, according to Cointelegraph, the cryptocurrency asset management company Grayscale has completed a reverse stock split of the Grayscale Bitcoin Mini Trust ETF and the Grayscale Ethereum Mini Trust ETF, aimed at making trading of the securities more "cost-effective."After the reverse stock split conducted at 22:00 UTC on November 19, the price per share of the Grayscale Bitcoin Mini Trust ETF increased fivefold. At the same time, the number of outstanding shares held by ETF holders was proportionally reduced. Due to the reverse stock split of the Ethereum Mini Trust ETF, the price per share of the trust increased tenfold from the net asset value (NAV) per share before the split, and the number of shares held by shareholders (excluding fractional shares) must also be proportionally reduced.It is reported that after the reverse stock split on November 19, shareholders will see its effects on the next trading day, November 20. For the Grayscale Bitcoin Mini Trust ETF, every five shares of the ETF before the split will be exchanged for one share of BTC after the split, with a price that will be five times the NAV per share before the split. For the Grayscale Ethereum Mini Trust ETF, every ten shares of ETH before the split will be exchanged for one share of ETH after the split, with a price that will be ten times the NAV per share before the split. Grayscale stated that since the split will occur automatically, shareholders do not need to take any action.

ChainCatcher news, according to Arkham monitoring, about 25 minutes ago, 1008 ETH was transferred from a Coinbase Prime address to the Grayscale Ethereum Trust, amounting to approximately 2.33 million dollars.

ChainCatcher news, Grayscale announced the first month performance of the Ethereum Mini Trust ETH on social media, disclosing that:Since July 23, the fund has traded over $1.25 billion;The Ethereum Mini Trust saw an inflow of $235 million in its first month;The buy-sell spread offered by the Ethereum Mini Trust is the lowest among #Ethereum ETP peers, averaging $0.010 per share.

ChainCatcher message, according to Arkham monitoring, Grayscale Ethereum Trust transferred 2,827 ETH, worth approximately 6.77 million USD, to an unmarked address 5 minutes ago.

ChainCatcher news, according to Arkham monitoring, the Grayscale Ethereum Trust address received 1,950 ETH transferred from Coinbase Prime, approximately worth 5.1 million USD.

ChainCatcher news, according to the official website of the SEC, the New York Stock Exchange Arca platform has certified and approved the listing and registration of Grayscale Ethereum Mini Trust's undivided beneficial interest common stock.

ChainCatcher news reports that on July 17, the U.S. Securities and Exchange Commission approved two spot Ethereum ETFs—Grayscale Ethereum Mini Trust and ProShares Ethereum ETF—to be listed on the Arca electronic trading platform of the New York Stock Exchange (NYSE). After the related 19b-4 form applications were approved, the NYSE facilitated the trading of these funds. However, before the spot products can officially start trading, the issuers must still wait for the final opinions on the respective S-1 applications for the ETFs.A Grayscale spokesperson stated in a statement, "Grayscale is pleased to announce that the SEC has approved the 19b-4 form for the Grayscale Ethereum Mini Trust. The Grayscale team will continue to engage in constructive dialogue with SEC staff, and we are seeking comprehensive regulatory approval for the U.S. spot Ethereum ETP."

ChainCatcher news, Grayscale has submitted a revised 19b-4 filing for its Ethereum mini trust.Previous news, on May 21, according to Bloomberg analyst James Seyffart, Grayscale has just submitted an updated 19b-4 filing for its Ethereum mini trust. James Seyffart also stated that the Ethereum mini trust will not be included in the initial list of potential approvals.

ChainCatcher news, according to the updated Ethereum mini trust 19b-4 file submitted by Grayscale, the document confirms that this ETF will not participate in Ethereum staking.

ChainCatcher news, according to Bloomberg analyst James Seyffart's post on X platform, Grayscale has just submitted an updated 19b-4 filing for its Ethereum mini trust.

ChainCatcher news, Grayscale has submitted documents to the U.S. Securities and Exchange Commission (SEC) to register a new Ethereum exchange-traded fund (ETF) ------ Grayscale Ethereum Trust Mini Fund (proposed code: ETH). The fund will be created by splitting and allocating assets from the Grayscale Ethereum Trust (OTCQX: ETHE).Grayscale's Chief Legal Officer Craig Salm stated that if approved by regulators, the new Grayscale Ethereum Mini Trust will be launched as a low-fee spot Ethereum ETF. Meanwhile, a portion of the Ethereum from ETHE will be used to "seed" the new fund, and ETHE shareholders will receive shares of the new ETF on a pro-rata basis. This split is expected to not result in a taxable event for ETHE and its shareholders.