CRDU, IREZ, and SNDQ ETFs will execute split-and-reverse operations on July 21 on Gate. The number of holdings and cost basis prices will be adjusted proportionally.

Gate News reports that, according to a recent official market announcement, CRDU (2x long CRDO daily ETF), IREZ (2x short IREN daily ETF), and SNDQ (2x short SanDisk ETF) will complete their stock split and reverse split operations. Gate will simultaneously support and assist with implementing this adjustment. CRDU will undergo a stock split with a ratio of 1:4; IREZ and SNDQ will undergo reverse splits with ratios of 3:1 and 10:1, respectively.

At 14:00 on July 21, 2026 (UTC+8), trading for CRDU, IREZ, and SNDQ stock will be suspended. The platform will also cancel all outstanding unfilled orders. The system will automatically complete the split and reverse split handling in accordance with the respective ratios, and the number of shares investors hold and their position cost basis will be adjusted proportionally.

At 16:00 on July 21, 2026 (UTC+8), after the pre-market phase begins, trading for the three ETF stocks will resume normally at the adjusted prices.