VanEck Ethereum ETFVanEck Ethereum ETFVanEck Ethereum ETF

VanEck Ethereum ETF

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Key stats


Assets under management (AUM)
‪113.51 M‬USD
Fund flows (1Y)
‪73.57 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
1.1%
Shares outstanding
‪3.13 M‬
Expense ratio

About VanEck Ethereum ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
Jun 25, 2024
Structure
Grantor Trust
Index tracked
MarketVector Ethereum Benchmark Rate Index - Benchmark TR Net
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Van Eck Associates Corp.
ETHV tracks ether market price using the MarketVector Ethereum Benchmark Rate, drawing data from the top five ETH trading platforms. This benchmark rate is supported by the CCData Centralized Exchange Benchmark Review Report that evaluates risk factors across eight categories, to enhance transparency and accountability in the digital asset trading sector. The fund offers indirect exposure to ETH by allowing the purchase of shares. ETHV focuses on asset protection through offline cold storage, mitigating the risk of cyber theft. Tailored for potential portfolio diversification into digital assets within more traditional investment products, ETHV is mirrors ethers price movements and targets indirect exposure to the digital asset market while avoiding the complexities of direct cryptocurrency ownership. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Ether, short USD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to ETHV via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ETHV trades at 38.60 USD today, its price has risen 5.97% in the past 24 hours. Track more dynamics on ETHV price chart.
ETHV net asset value is 36.46 today — it's risen 57.96% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ETHV assets under management is ‪113.51 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ETHV price has risen by 63.36% over the last month, and its yearly performance shows a −25.28% decrease. See more dynamics on ETHV price chart.
NAV returns, another gauge of an ETF dynamics, showed a −9.59% decrease in three-month performance and has decreased by −25.60% in a year.
ETHV fund flows account for ‪73.57 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ETHV invests in cash. See more details in our Analysis section.
ETHV expense ratio is 0.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ETHV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ETHV technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ETHV shows the buy signal. See more of ETHV technicals for a more comprehensive analysis.
No, ETHV doesn't pay dividends to its holders.
ETHV trades at a premium (1.11%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ETHV shares are issued by Van Eck Associates Corp.
ETHV follows the MarketVector Ethereum Benchmark Rate Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 25, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.