Bloomberg ETF Analyst: Transaction costs are reduced to about 2 basis points and BlackRock will split ETHA in reverse by 1 to 3

On 5 August, Eric Balchunas, a Bloomberg ETF analyst, wrote on platform X that BlackRock had announced that it would split ETHA in reverse by 1 to 3 and that the price would rise from $14 to $42 in October, which would reduce transaction costs from seven basis points to about two basis points. ETF issuers consider 7 basis point differentials to be problematic and adjusted to about 2 basis points, while the encryption exchange charges about 140 basis points。