Listing Alert
MIAX Sapphire
April 08, 2025 | 12:01 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: 2x Ether ETF (ETHU)
2x Ether ETF (ETHU) has announced a reverse stock split effective for Wednesday, April 9, 2025. On this date, the current ETHU option class will change to ETHU1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list ETHU1 options. Therefore, no options on ETHU will be available for trading on Wednesday, April 9, 2025.
2x Ether ETF (ETHU) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Thursday, April 10, 2025.
All GTC orders resting on the MIAX order books in ETHU will be canceled at the close of business on Tuesday, April 8, 2025.
Additional details about the 2x Ether ETF (ETHU) reverse split are provided in the attached OCC Memo.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.