
Grayscale Ethereum Staking ETF
$17.98+0.11 (+0.62%)
- 2.50%
- $1.54B
- −43.1%
- 2.34M sh
- low $12.36high $30.71
The ETF.net ETHE Grade
Score 51 out of 100
- 10 of 11
Score 51 of 100 falls in the C 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.F4 out of 100Rank 11 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.D38 out of 100Rank 5 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A76 out of 100Rank 2 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.A73 out of 100Rank 2 of 11
Our read on ETHE
In short
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.
Stated mandate
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
Worth knowing
ETHE Holdings
- Other
- 1
- 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.
Returns run to the Oct 30, 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 | −25.5% |
| 1 month | −16.5% |
| 3 months | +19.2% |
| 1 year | −43.1% |
| 3 years | +9.4% |
| 5 years | −15.7% |
| 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 | −25.5% | |
| 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
$10,000 in ETHE 5 years ago paid $67.97 in dividends.
ETHE Risk
- 84.8%
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.
- 0.42
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.
FMP measures it over up to five years of monthly returns.
ETHE Cost
Overpaying vs MSSE, cheapest in Spot Ether
$35,737
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
ETHE 2.50%
$38,669
MSSE 0.14% Cheapest
$2,932
Cost over time
Year by year
| Year | ETHE | MSSE | Overpaying |
|---|---|---|---|
| 10 | $4,142 | $256 | $3,886 |
| 20 | $14,580 | $1,000 | $13,580 |
| 30 | $38,669 | $2,932 | $35,737 |
Other funds in Spot Ether
- BTETH21Shares Ethereum ETFExpense ratio 0.21%1 year return −42.3%
- BFETHFidelity Ethereum FundExpense ratio 0.25%1 year return −42.7%
- BETHAiShares Ethereum Trust ETFExpense ratio 0.25%1 year return −42.8%
- CQETHInvesco Galaxy Ethereum ETFExpense ratio 0.25%1 year return −42.6%
- CETHBiShares Staked Ethereum Trust ETFExpense ratio 0.25%1 year return



