Listing Alert
MIAX Pearl
January 23, 2026 | 10:56 AM
MIAX Exchange Group - Options Markets - Corporate Action Alert: CoinShares Bitcoin and Ether ETF (BTF)
CoinShares Bitcoin and Ether ETF (BTF) has announced a reverse spit effective for Monday, January 26, 2026. On this date, the current BTF option class will change to BTF1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list BTF1 options. Therefore, no options on BTF will be available for trading on Monday, January 26, 2026.
CoinShares Bitcoin and Ether ETF (BTF) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Tuesday, January 27, 2026.
All GTC orders resting on the MIAX order books in BTF will be canceled at the close of business on Friday, January 23, 2026.
Additional details about the CoinShares Bitcoin and Ether ETF (BTF) reverse split are provided in the attached OCC Memo.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.