21shares Announces 1-for-10 Reverse Share Split for 21Shares 2x Long Sui ETF (TXXS)

NEW YORK, July 06, 2026 (GLOBE NEWSWIRE) —  21shares, one of many world’s main issuers of crypto exchange-traded funds (ETFs), at the moment introduced that the Board of Trustees of Listed Funds Belief has authorised a 1-for-10 reverse share break up for the 21Shares 2x Long Sui ETF (Ticker: TXXS).

The reverse break up has taken impact as of July 6, 2026, and shares have begun buying and selling on a split-adjusted foundation beneath a brand new CUSIP identifier.

Each ten (10) present shares of the Fund have been robotically exchanged for one (1) new share. This adjustment has decreased the whole variety of excellent shares by roughly 90%, whereas the per-share web asset worth (NAV) and opening market value have elevated by an element of roughly ten (10).

Impression on shareholders

The reverse share break up is a purely structural modification. A shareholder’s whole funding worth is completely unaffected by this adjustment. For illustration, a place of 1,000 shares valued at $10.00 per share earlier than the break up robotically converts into 100 shares valued at $100.00 per share instantly after the efficient date, sustaining a complete portfolio worth of $10,000.00.

The Belief’s switch agent handles the processing straight with the Depository Belief Firm (DTC). Investor brokerage accounts and financial institution portfolios holding TXXS have up to date robotically on or shortly after July 6, 2026. Shareholders with particular questions relating to account shows ought to contact their monetary middleman straight.

For extra data on the 21shares product suite, please go to www.21shares.com.

About 21shares

21shares is likely one of the world’s main cryptocurrency alternate traded product (ETP) suppliers and provides one of many largest suites of crypto ETPs available in the market. The corporate was based to make cryptocurrency extra accessible to buyers, and to bridge the hole between conventional finance and decentralized finance. 21shares listed the world’s first physically-backed crypto ETP in 2018, constructing a seven-year observe document of making crypto ETPs which might be listed on a few of the greatest, most liquid securities exchanges globally. Backed by a specialised analysis crew, proprietary expertise, and deep capital markets experience, 21shares delivers modern, easy and cost-efficient funding options.

21shares is a subsidiary of FalconX, one of many world’s largest digital asset prime brokers. 21shares maintains unbiased operations from FalconX whereas strategically leveraging the assets and attain of FalconX to speed up its mission and unlock new development. For extra data, please go to www.21shares.com.

Media Contact

Alethea Jadick: ajadick@sloanepr.com

Necessary Data

An investor ought to think about the funding targets, dangers, fees, and bills of the Fund rigorously earlier than investing. The prospectus and, if out there, the abstract prospectus include this and different details about the Fund. Chances are you’ll receive a prospectus and, if out there, a abstract prospectus by downloading the prospectus from www.21Shares.com or calling (646) 370-6016. Please learn the prospectus or abstract prospectus rigorously earlier than Investing. The Fund is a not too long ago organized funding firm with a restricted working historical past. Because of this, potential buyers have a restricted observe document or historical past on which to base their funding resolution.

Necessary Disclosures and Dangers

Crypto property, equivalent to SUI, function with out central authority or banks and aren’t backed by any authorities. Crypto property are also known as a “digital asset” or “digital asset,” and function as a decentralized, peer-to-peer monetary buying and selling platform and worth storage that’s used like cash. A crypto asset can be not a authorized tender. Investments linked to SUI could be extremely risky in comparison with investments in conventional securities and the Funds could expertise sudden and enormous losses. The markets for SUI and SUI-related investments could develop into illiquid. These markets could fluctuate broadly primarily based on a wide range of components. An investor must be ready to lose the total principal worth of their funding abruptly and with out warning. Various components have an effect on the value and market for SUI equivalent to new expertise and provide and demand for SUI.

SUI and SUI-related investments are comparatively new investments. The efficiency of SUI-related investments, and due to this fact the efficiency of the Fund, could differ considerably from the efficiency of SUI.

Using leverage will increase the chance of loss and volatility, and the Fund might not be appropriate for all buyers. It’s supposed for refined buyers who perceive the results of day by day compounding and are in a position to actively monitor and handle their investments. Traders might lose your complete worth of their funding inside a single buying and selling day. Leverage could amplify each features and losses.

The Fund’s aim is to not obtain its acknowledged goal over durations longer than a single day. Compounded day by day rebalancing can result in returns that differ from twice the value efficiency of SUI for the identical interval. The Fund will lose cash if the value efficiency of SUI is flat over time, and the Fund can lose cash whatever the efficiency of SUI attributable to day by day rebalancing, the volatility of the value of SUI, compounding of every day’s return, and different components. There is no such thing as a assure that the Fund will meet its acknowledged goal.

Futures investing is very speculative and includes a excessive diploma of threat. An investor could lose all or considerably all of an funding within the Fund. Investing in commodity pursuits topics the Fund to the dangers of its associated business.

The Fund is classed as a “non-diversified” funding firm beneath the 1940 Act and will make investments a bigger share of its property in a single place or issuer than a diversified fund.

The Fund at present intends to impact creations and redemptions principally for money, somewhat than principally in-kind due to the character of the Fund’s investments. As such, investments within the Fund could also be much less tax environment friendly than investments in ETFs that create and redeem in-kind. The Fund is deemed a commodity pool and is due to this fact topic to regulation beneath the Commodity Alternate Act and the principles of the Commodity Futures Buying and selling Fee (CFTC).

An funding within the Fund includes threat, together with doable lack of principal. ETFs commerce like shares, are topic to funding threat, fluctuate in market worth and will commerce at costs above or under the ETF’s web asset worth (NAV), and aren’t individually redeemable straight with the ETF. Brokerage commissions and ETF bills will cut back returns. ETFs are topic to particular dangers, relying on the character of the underlying technique of the Fund. These dangers might embody Clearing Dealer Danger, Collateral Securities Danger, Cybersecurity Danger, Early Shut/Buying and selling Halt Danger, Intra-Day Funding Danger, Market Danger, Reverse Repurchase Agreements Danger, Valuation Danger, Whipsaw Markets Danger, Crypto Asset Tax Danger and SUI Danger. For an entire description of the Fund’s principal funding dangers, please confer with the prospectus.

Shares of the Fund aren’t FDIC insured, could lose worth, and don’t have any financial institution assure.
Shares aren’t individually redeemable straight with the Fund. Brokerage commissions and Fund bills will cut back returns.

PINE Distributors LLC is the distributor for the 21Shares 2X SUI ETF. Teucrium Funding Advisors, LLC serves because the funding adviser and 21Shares US LLC serves because the Subadviser to the 21Shares 2X SUI ETF. PINE Distributors LLC just isn’t affiliated with Teucrium Funding Advisors, LLC or 21Shares US, LLC.

Study extra about PINE Distributors LLC at FINRA’s BrokerCheck TUCRM-5031786-12/25