21shares announces 1-for-10 reverse share split for 21Shares 2x Long Sui ETF

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21shares has announced a 1-for-10 reverse share split for the 21Shares 2x Long Sui ETF, effective July 6, 2026. Every ten existing shares were automatically exchanged for one new share, reducing the total number of outstanding shares by approximately 90% while the per-share net asset value and opening market price increased by a factor of about ten. The reverse split is a purely structural modification, leaving total investment value unaffected; for example, 1,000 shares at $10.00 each become 100 shares at $100.00 each. Shares began trading on a split-adjusted basis under a new CUSIP identifier, and brokerage accounts have been updated automatically.

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Reverse split is a structural change with no impact on total investment value; purely administrative.