Three inverse leveraged ETFs will split 1-for-20 on Oct. 28, adjusting shares and redeeming fractions for cash.

Three inverse leveraged ETFs—T-REX 2X Inverse NVIDIA, Tesla, and Ether—will undergo a 1-for-20 reverse share split effective October 28, 2025. Shareholders of record on October 27 will receive one new share for every 20 held, with trading resuming split-adjusted on October 29. Fractional shares will be redeemed for cash at the split-adjusted net asset value, potentially triggering taxable gains or losses. No fees will apply. The move aims to improve market efficiency, and the funds’ investment strategies remain unchanged.