iShares Ethereum Trust ETF
$20.13−0.63 (−3.03%)
History starts Jul 23, 2024.
- Expense ratio
- 0.25%
- Fund size
- $9.8B
- 1Y return
- −33.7%
- Yield · Last 12 months
- —
- Holdings
- 1
- Volume · 30D
- 35.2M sh
- NAV per share
- $20.85
- 52W range
The ETF.net ETHA Grade
Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 31Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 71Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 87Category rank
Our read on ETHA
BThe iShares take on ether: hold the actual coin, track its price, skip the wallet and the seed phrase. Launched in 2024, it has grown into a multi-billion-dollar fund and one of the most heavily traded ways to own ether in a brokerage account.
The fund seeks to track the price performance of ether, the native token of the Ethereum network.
Why people hold it
- Spot, not futures. The trust holds ether itself and tracks the ETHUSDNY reference rate, so there is no futures roll and no self-custody to manage.ishares.com
- A multi-billion-dollar fund that trades very actively, which generally translates into tight spreads and easy entries and exits.
- It has stayed tight to the ether price it targets. Tracking is the entire product here, and this one delivers it about as closely as the category gets.
- The 0.25% fee is a fraction of what Grayscale's legacy ETHE trust (2.50%) charges for the same spot ether exposure.
Worth knowing
- That 0.25% sits right at the category median. The same ether exposure costs less at EZET (0.00%), ETH (0.15%) and ETHW (0.20%).
- No income. The trust holds ether and nothing else, so it makes no distributions and moves with a notoriously volatile asset in both directions.
- Short history: trading began in 2024, so the record does not yet span a full crypto cycle.
ETHA Holdings
- Other
- 1
- 100%
- ETHER
ETHA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
ETHA$6,635
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ETHA |
|---|---|
| Year to date | −7.4% |
| 1 month | +13.8% |
| 3 months | +59.0% |
| 1 year | −33.7% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ETHA |
|---|---|---|
| 2026 YTD | −7.4% | |
| 2025 | −11.3% | |
| 2024 | −3.6% |
ETHA in the news
ETHA Dividends
No distributions in the last 12 months.
ETHA Risk
- 77.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.12
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −67.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.60
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ETHA Cost
0.25%
ETHA0.25%
- The middle half of Spot Ether funds
- Median 0.21%
6 of the 11 Spot Ether funds charge less.