21Shares 2x Long Sui ETF Implements 1-for-10 Reverse Split July 6
TXXS•21Shares approved a 1-for-10 reverse split for its 2x Long Sui ETF, reducing outstanding shares by approximately 90% and boosting the per-share NAV and opening price tenfold. The adjustment took effect July 6, 2026, under new CUSIP 53656H587, with investors’ total positions unchanged.
1. Reverse Split Approval
The Board of Trustees of Listed Funds Trust approved a 1-for-10 reverse share split for the 21Shares 2x Long Sui ETF, effective July 6, 2026, under new CUSIP identifier 53656H587, replacing old CUSIP 53656G167.
2. Share Count Reduction and NAV Adjustment
The adjustment reduced total outstanding shares by approximately 90% while increasing the per-share net asset value and opening market price by a factor of ten, with overall fund assets unchanged.
3. Shareholder Impact and Account Updates
All investor brokerage accounts and bank portfolios updated automatically through the Depository Trust Company, maintaining each shareholder’s total investment value; investors with display questions should consult their financial intermediaries.
4. Market and Listing Implications
By elevating the per-share price, the reverse split aims to meet exchange listing requirements and potentially enhance market liquidity and bid-ask spreads for the ETF.
