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ETH NYSE Holds the asset itself

Grayscale Ethereum Mini Trust ETF

Issued by Grayscale. Traded since 23 Jul 2024 on NYSE. Every figure below is dated and sourced, and the wrapper is measured against the asset it holds.

Ethereum logoHolds Ethereum research file →
$23.48Cerrar, 08 Oct 2026
-4.16%On the day
$2.29BActivos bajo gestión
0.15%Expense ratio, a year
end-of-day close Tiingo as of 08 Oct 2026
fund facts, as published Financial Modeling Prep observed 09 Oct 2026 13:48 UTC
What this is. A listed fund that holds the asset with a custodian and issues shares against it. You own shares in the fund, not the asset itself, and the fund charges its expense ratio every year on the whole position. In exchange the shares settle in an ordinary brokerage account.
01

Precio

556 trading days on record
daily close, not adjusted Tiingo from 23 Jul 2024 to 08 Oct 2026
02

Against the asset it holds

Total return of the fund, distributions included, beside the change in the asset over exactly the same dates. The difference is what holding the wrapper cost or gained against holding the asset. Over a full year it should sit close to minus the expense ratio; anything further away has another cause.

WindowDesde ETHETHDifference
1 month 08 Sep 2026 -0.68% -0.49% -0.19 pp
3 months 09 Jul 2026 +41.54% +41.81% -0.27 pp
6 months 09 Apr 2026 +11.94% +12.91% -0.97 pp
Year to date 31 Dec 2025 -16.06% -16.65% +0.58 pp
1 año 08 Oct 2025 -44.62% -45.38% +0.76 pp
Since first trade 23 Jul 2024 -27.97% -29.00% +1.02 pp
total return from the adjusted close; the asset at its daily close Tiingo · historial de precios de cierre to 08 Oct 2026
ETH, total returnETH, price

Both lines start at 100 where the chosen range begins. A gap that opens between them is the cost, or gain, of holding the asset through the fund.

03

Trading

Average volume, 30 days Average volume, 30 days 3.27M shares $80.79M a day
Volatility, 90 days Volatility, 90 days 46.6% anualizado a partir de movimientos diarios
Deepest fall since listing Deepest fall since listing -67.5% to 25 Jun 2026
From its highest close From its highest close -48.3% adjusted for distributions
Range over the last year of trading
$14.53 · 26 Jun 2026now $23.48$42.92 · 08 Oct 2025

Distributions paid in the last year: $0.0422 on 05 Oct 2026 · $0.0348 on 03 Sep 2026

end-of-day, last 21 and 63 trading days Tiingo to 08 Oct 2026
04

Fund facts

EmisorGrayscale
What it holdsEthereum
StructureHolds the asset itself (spot)
Listing exchangeNYSE
Fund inception23 Jul 2024
First trade on record23 Jul 2024
Expense ratio0.15% a year
Activos bajo gestión$2.29B
Units of ETH held928,452
Value of that holding$2.29B
Share of circulating ETH0.760%
Share of assets in all ETH products13.9%
ISINUS38964R2031
CUSIP38964R203
holdings as published by the fund Financial Modeling Prep observed 09 Oct 2026 08:39 UTC assets under management observed 09 Oct 2026 13:48 UTC

The issuer’s own page for this product, with its prospectus: etfs.grayscale.com ↗

05

Other products holding ETH

Every covered product with the same underlying asset, largest first. Within one asset the products differ mainly in fee, size and how closely they have followed it.

ProductoEmisorComisión Activos1 añoAgainst ETH
ETHAiShares Ethereum Trust ETF iShares 0.25% $9.18B -45.66% -0.29 pp
ETHGrayscale Ethereum Mini Trust ETF Grayscale 0.15% $2.29B -44.62% +0.76 pp
ETHEGrayscale Ethereum Staking ETF Grayscale 2.50% $1.75B -45.98% -0.60 pp
FETHFidelity Ethereum Fund Fidelity 0.25% $1.59B -45.63% -0.25 pp
ETHBiShares Staked Ethereum Trust ETF iShares 0.25% $1.13B — —
ETHWBitwise Ethereum ETF Bitwise 0.20% $267.58M -45.64% -0.26 pp
ETHVVanEck Ethereum ETF VanEck 0.20% $112.12M -45.61% -0.24 pp
EZETFranklin Ethereum ETF Franklin Templeton 0.19% $59.74M -45.55% -0.17 pp
MSSEMorgan Stanley Ethereum Trust Eaton Vance 0.14% $50.46M — —
TETH21Shares Ethereum ETF 21Shares 0.21% $27.34M -45.28% +0.10 pp
QETHInvesco Galaxy Ethereum ETF Invesco 0.25% $24.22M -45.65% -0.27 pp

A blank in the one-year columns means the product has traded for less than a year; it is not a zero.

06

In the issuer’s words

ETH aims to track the spot price of ether, less expenses and liabilities. It intends to provide accessibility to ether without the complexities of acquiring, holding, and trading directly through an ether spot market. ETH owns and passively holds actual ether through its custodian. It does not trade, buy, sell or hold ether derivatives, including ether futures. Holdings are valued daily based on the CoinDesk Ether Price Index (ETX), a USD-denominated reference rate for the spot price of ether, which leverages real-time prices from multiple constituent exchanges. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity. At the time of launch, the issuer spun off 10 percent of the assets in ETHE and reduced expense ratio and handle to make the shares more appealing to retail investors. The funds expense ratio and tracking should be reviewed and considered for comparison purposes. Effective January 5, 2026, the fund appended the term staking to its name.

The fund’s own description, as published through Financial Modeling Prep. It is the issuer’s account, not ours.

07

What these figures cannot tell you

Whether the price was fair on the day

We do not publish a premium or discount to net asset value. Our source’s net asset value carries no date of its own, and comparing one day’s price with another day’s value invents a gap that is not there. The issuer publishes both every day.

What you would have earned

Returns here are the fund’s, before your broker’s costs, the spread you pay to trade, and any tax. Distributions are counted as reinvested on the day they were paid.

How safe the custody is

A fund’s asset sits with a custodian named in its prospectus. The figures say nothing about that arrangement; the prospectus does.

Anything about the asset itself

A fund that follows its asset closely inherits all of the asset’s risks. The research file for the asset is where those are measured.

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