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According to official sources, Ethereum treasury manager ETHZilla will implement a 10-for-1 stock consolidation effective October 20, 2025 at 00:01 EDT, with adjusted shares commencing trading at the market open under the existing ticker ETHZ.
Following the consolidation, every ten pre-existing shares will be combined into one, reducing the circulating supply from roughly 160 million to 16 million, while the asset’s net asset value and stock symbol remain unchanged.
The official statement frames the move as a strategy to broaden institutional investor participation, by positioning the stock to surpass the $10 threshold and meet eligibility criteria for eligible collateral and margin trading imposed by many large funds.
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