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.
Holds Ethereum research file →
Koers
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.
| Window | Van | ETH | ETH | Difference |
|---|---|---|---|---|
| 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 jaar | 08 Oct 2025 | -44.62% | -45.38% | +0.76 pp |
| Since first trade | 23 Jul 2024 | -27.97% | -29.00% | +1.02 pp |
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.
Trading
Distributions paid in the last year: $0.0422 on 05 Oct 2026 · $0.0348 on 03 Sep 2026
Fund facts
The issuer’s own page for this product, with its prospectus: etfs.grayscale.com ↗
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.
| Product | Uitgever | Vergoeding | Assets | 1 jaar | Against ETH |
|---|---|---|---|---|---|
| ETHAiShares Ethereum Trust ETF | iShares | 0.25% | -45.66% | -0.29 pp | |
| ETHGrayscale Ethereum Mini Trust ETF | Grayscale | 0.15% | -44.62% | +0.76 pp | |
| ETHEGrayscale Ethereum Staking ETF | Grayscale | 2.50% | -45.98% | -0.60 pp | |
| FETHFidelity Ethereum Fund | Fidelity | 0.25% | -45.63% | -0.25 pp | |
| ETHBiShares Staked Ethereum Trust ETF | iShares | 0.25% | — | — | |
| ETHWBitwise Ethereum ETF | Bitwise | 0.20% | -45.64% | -0.26 pp | |
| ETHVVanEck Ethereum ETF | VanEck | 0.20% | -45.61% | -0.24 pp | |
| EZETFranklin Ethereum ETF | Franklin Templeton | 0.19% | -45.55% | -0.17 pp | |
| MSSEMorgan Stanley Ethereum Trust | Eaton Vance | 0.14% | — | — | |
| TETH21Shares Ethereum ETF | 21Shares | 0.21% | -45.28% | +0.10 pp | |
| QETHInvesco Galaxy Ethereum ETF | Invesco | 0.25% | -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.
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.
What these figures cannot tell you
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.
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.
A fund’s asset sits with a custodian named in its prospectus. The figures say nothing about that arrangement; the prospectus does.
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.