iShares Ethereum Trust ETF
$56.68−0.27 (−0.47%)
- 0.25%
- $8.7B
- −37.1%
- 12.1M sh
- $56.10
- low $34.58high $97.02
The ETF.net ETHA Grade
B
Score 60 out of 100
- 6 of 11
Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D30 out of 100Rank 7 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 9Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 2 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 4 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A88 out of 100Rank 1 of 11
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
- 2
- 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.
Not enough history yet.Not enough history yet.Not enough history yet.
ETHA$6,286
Returns run to the Oct 12, 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 | −15.4% |
| 1 month | −0.9% |
| 3 months | +40.3% |
| 1 year | −37.1% |
| 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 | −15.4% | |
| 2025 | −11.3% | |
| 2024 | −3.6% |
ETHA in the news
ETHA Dividends
No distributions in the last 12 months.
ETHA Risk
- 76.0%
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.
- 0.16
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.
- 2.54
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.
Other funds in Spot Ether
- BEZETFranklin Ethereum ETFExpense ratio 0.19%1 year return −37.0%
- BTETH21Shares Ethereum ETFExpense ratio 0.21%1 year return −36.7%
- BFETHFidelity Ethereum FundExpense ratio 0.25%1 year return −37.2%
- BQETHInvesco Galaxy Ethereum ETFExpense ratio 0.25%1 year return −37.1%
- CETHEGrayscale Ethereum Staking ETFExpense ratio 2.50%1 year return −37.5%