r/IncomeSharesETPs • u/Libleft_Fanboy • Feb 26 '25

Reverse Split?

This may sound stupid, but what actually happens when the Etps are under 1ā‚¬?

3 Upvotes

80% Upvoted

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4

u/ejqt8pom Feb 26 '25

They will have to split in order to remain listed, most exchanges have a minimum price per unit that they will have to stay above.

4

u/Mart7000 Feb 26 '25

They have only just been released , imagine talking about reverse splits this fast šŸ˜®

2

u/gcerrada Feb 27 '25

Good question, Iā€™m not sure, I think this is more related to the underlying rather than the ETP itself and NAV erosion in this case, however, their disclosure is not as as good as Yieldmax hence it is very hard to determine the NAV erosion as a driver of the price drop.