Grayscale Ethereum Staking ETF
$21.41−0.70 (−3.19%)
- Expense ratio
- 2.50%
- Fund size
- $2.0B
- 1Y return
- −34.2%
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 2.5M sh
- NAV per share
- $22.20
- 52W range
The ETF.net ETHE Grade
Score 52 of 100 sits in the C 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.FScore 4Category 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 76Category 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 74Category rank
Our read on ETHE
CThe original Grayscale ether vehicle, launched as a trust in 2017 and now an ETF that stakes its coins. It was the first US spot crypto fund to pass staking proceeds to holders. The trade-off: a 2.5% fee.
The fund seeks to track the value of Ether held by the Trust, while also reflecting staking rewards after expenses and other liabilities.
Why people hold it
- Staking is written into the mandate: the fund tracks the value of the ether it holds and reflects staking rewards earned on it, after expenses.
- It made the first staking-reward distribution by a US spot crypto ETP in January 2026, after Grayscale switched staking on for its ether funds in October 2025.investingnews.com
- A multi-billion-dollar, actively traded fund with a lineage back to 2017, so shares are rarely hard to move.
Worth knowing
- Cost is the headline trade-off: 2.5% a year, while Grayscale's own Ethereum Mini (ETH) offers staked ether exposure at 0.15%.etfs.grayscale.com
- Staking adds moving parts: ether can sit locked during bonding and unstaking windows, may earn nothing in those gaps, and depends on validators and custodians.etfs.grayscale.com
- Reward payouts are irregular by design. The fund earns rewards and distributes proceeds when it sells them, not on a fixed schedule.etfs.grayscale.com
ETHE Holdings
- Other
- —
- 100%
- Ethereum
ETHE Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
ETHE$6,585
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 | ETHE |
|---|---|
| Year to date | −8.0% |
| 1 month | +13.8% |
| 3 months | +58.5% |
| 1 year | −34.2% |
| 3 years | +26.9% |
| 5 years | −5.2% |
| 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 | ETHE |
|---|---|---|
| 2026 YTD | −8.0% | |
| 2025 | −13.0% | |
| 2024 | +44.1% | |
| 2023 | +308.4% | |
| 2022 | −85.3% | |
| 2021 | +108.8% | |
| 2020 | +441.7% |
ETHE in the news
ETHE Dividends
- $0.03 per share
- Monthly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 3, 2026 | Sep 4, 2026 | $0.03 |
| Aug 4, 2026 | Aug 5, 2026 | $0.02 |
| Jul 7, 2026 | Jul 8, 2026 | $0.02 |
| Jun 3, 2026 | Jun 4, 2026 | $0.02 |
| May 5, 2026 | May 6, 2026 | $0.02 |
| Apr 7, 2026 | Apr 8, 2026 | $0.02 |
| Mar 3, 2026 | Mar 4, 2026 | $0.02 |
| Feb 3, 2026 | Feb 4, 2026 | $0.03 |
| Jan 5, 2026 | Jan 6, 2026 | $0.08 |
ETHE Risk
- 84.9%
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.
- 0.55
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.
- −89.8%
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.
- 3.38
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ETHE Cost
2.50%
ETHE2.50%
- The middle half of Spot Ether funds
- Median 0.21%
Every other Spot Ether fund charges less.