Ethereum icon

Grayscale® Ethereum Trust

Watchlist

is currently unavailable
private placement is offered on a periodic basis throughout the year and is currently closed.
Okay
$ 0 b
Assets Under Management
0 %
Trailing 12 months
0 %
Since Inception

Overview

The first publicly-quoted* Ethereum investment vehicle in the U.S. and the second digital currency investment vehicle to attain the status of an SEC reporting company, following Grayscale Bitcoin Trust.

Grayscale Ethereum Trust is solely and passively invested in Ethereum, enabling investors to gain exposure to ETH in the form of a security while avoiding the challenges of buying, storing, and safekeeping ETH directly.

*Publicly quoted on OTCQX® and registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended.

The first publicly-quoted* Ethereum investment vehicle in the U.S. and the second digital currency investment vehicle to attain the status of an SEC reporting company, following Grayscale Bitcoin Trust.

Grayscale Ethereum Trust is solely and passively invested in Ethereum, enabling investors to gain exposure to ETH in the form of a security while avoiding the challenges of buying, storing, and safekeeping ETH directly.

*Publicly quoted on OTCQX® and registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended.

Benchmark Index Benchmark Composition

CoinDesk Ether Price Index (ETX)

CUSIP

389638107

ISIN

US3896381072

Bloomberg

ETHE US

Inception Date

12/14/2017

Annual Fee

2.5%

AUM

$9,111,988,545**‡

Shares Outstanding

310,158,500‡

ETH per share

0.010106607‡

Features

Grayscale green favicon
1 of

Publicly quoted

Eligible shares of Grayscale Ethereum Trust are quoted on OTCQX® under the symbol: ETHE, making it possible to buy or sell shares continuously through the trading day at prices established by the market.

Eligible for tax-advantaged accounts

Shares of Grayscale Ethereum Trust are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts.

Titled, auditable ownership through a traditional investment vehicle

Grayscale Ethereum Trust is a traditional investment vehicle with shares titled in the investors name, providing a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws.

Supported by a network of trusted service providers

Davis Polk & Wardwell LLP serves as legal counsel to the Sponsor of Grayscale Ethereum Trust. Financial statements for Grayscale Ethereum Trust are audited annually by Friedman LLP.

Robust security and storage

Grayscale Ethereum Trust’s assets are stored in offline or “cold” storage with Coinbase Custody Trust Company, LLC, as Custodian. The Custodian is a fiduciary under § 100 of the New York Banking Law and a qualified custodian for purposes of Rule 206(4)-2(d)(6) under the Investment Advisers Act of 1940, as amended.

Performance

Share on facebook
Share on twitter
Share on linkedin
Share on email

The first publicly-quoted Ethereum investment vehicle and the second digital currency investment vehicle to attain the status of an SEC reporting company, following Grayscale Bitcoin Trust.

Grayscale Ethereum Trust provides a secure structure to gain exposure to ETH. Eligible shares are quoted on the OTCQX®, the top marketplace operated by OTC Markets, and registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.

The first publicly-quoted Ethereum investment vehicle and the second digital currency investment vehicle to attain the status of an SEC reporting company, following Grayscale Bitcoin Trust.

Grayscale Ethereum Trust provides a secure structure to gain exposure to ETH. Eligible shares are quoted on the OTCQX®, the top marketplace operated by OTC Markets, and registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended. Investors can buy and sell shares through most traditional brokerage accounts at prices dictated by the market.

Market Price / Share *

At close as of 09/28/2021

$26.97

Day Change

-0.0694

Holdings / Share **

At close as of 09/28/2021

$29.38
$ 0

Day Change

-0.0562

Market Price *

Returns (At close as of 09/28/2021)

1 Day

1 Month

3 Months

YTD

12 Months

Since Inception

-0.0694
-0.1306
0.3061
0.74
4.9073
--

Holdings / Share **

Returns (At close as of 09/28/2021)

1 Day

1 Month

3 Months

YTD

12 Months

Since Inception

-0.0562
-0.0856
0.4325
2.8506
6.8556
2.6863

Past performance is not necessarily indicative of future results.

For NAV Per Share and AUM calculated in accordance with US GAAP Methodology, see here.

† To date, the Trust has not met its investment objective and the Shares quoted on OTCQX have not reflected the value of digital assets held by the Trust, less the Trust’s expenses and other liabilities, but instead have traded at both premiums and discounts to such value, with variations that have at times been substantial.

* Market Price per share reflects the closing price of Ethereum Trust shares at 4PM ET on OTCQX under the symbol: ETHE as of the date indicated on https://www.otcmarkets.com/stock/ETHE/quote.

** ETH Holdings per Share is calculated daily at 4pm ET, based on a CoinDesk Ether Price Index (ETX) 24-hour VWAP. For more information about how ETH Holdings is calculated, please refer to the private placement memorandum.

‡ Since inception 12/14/2017; Symbol: ETHE quotation began 6/20/2019

Past performance is not necessarily indicative of future results.

For NAV Per Share and AUM calculated in accordance with US GAAP Methodology, see here.

† To date, the Trust has not met its investment objective and the Shares quoted on OTCQX have not reflected the value of digital assets held by the Trust, less the Trust’s expenses and other liabilities, but instead have traded at both premiums and discounts to such value, with variations that have at times been substantial.

* Market Price per share reflects the closing price of Ethereum Trust shares at 4PM ET on OTCQX under the symbol: ETHE as of the date indicated on https://www.otcmarkets.com/stock/ETHE/quote.

** ETH Holdings per Share is calculated daily at 4pm ET, based on a CoinDesk Ether Price Index (ETX) 24-hour VWAP. For more information about how ETH Holdings is calculated, please refer to the private placement memorandum.

‡ Since inception 12/14/2017; Symbol: ETHE quotation began 6/20/2019

Investment Terms

Investment Objective

Shares (based on ETH per Share as indicated below) track the ETH market price, less fees and expenses.† Please consult with your financial professional.

Benchmark Index Benchmark Composition

CoinDesk Ether Price Index (ETX)

Investor Qualifications

US3896381072

Minimum Investment Requirement

$25,000

Sponsor's Fee Manager's Fee

2.5% Annually

Extraordinary Expenses

The Trust may from time to time incur certain extraordinary expenses, which are payable by the Trust

Performance Fee

0

Assets Under Management

$9,111,988,545**‡

Subscriptions

Daily

ETH Holdings per Share ($)

Calculated and published on business days at 4:00pm ET time

Secondary Market Trading

Following a six month holding period, shares are eligible to become unrestricted and resold in the public market

Redemptions

Redemptions of shares are not currently authorized

IRA Eligibility & Other Self-Directed Accounts

Subscriptions can be made with IRA assets through Pacific Premier Trust, Millennium Trust, The Entrust Group, Alto IRA, and others

Per-share ETH Holdings

0.01013364

CUSIP

389638107

Play Video

Sign up and join the Grayscale community

* Required fields
Geometric shape

All set! Thank you.