Guavy AI Editorial TeamSentiment: 2Clout: 72

21shares Executes 1-for-10 Reverse Share Split for 2x Long Sui ETF

21shares, a leading issuer of crypto exchange-traded funds (ETFs), has announced a 1-for-10 reverse share split for its 2x Long Sui ETF (TXXS) as of July 6, 2026.

The Board of Trustees of Listed Funds Trust approved the move to reduce the total number of outstanding shares by approximately 90%, while increasing the per-share net asset value (NAV) and opening market price by a factor of around ten.

Shareholders are not affected by this adjustment, as their investment value remains unchanged. For example, 1,000 shares valued at $10.00 per share before the split would convert to 100 shares valued at $100.00 per share after the effective date, maintaining a total portfolio value of $10,000.00.

The Trust's transfer agent handles processing directly with the Depository Trust Company (DTC), and investor brokerage accounts have been updated automatically on or shortly after July 6, 2026.