Grayscale Ethereum Staking ETF
ETHE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Michael Adam Sonnenshein
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- Stamford DE United States of America
- IPO Date
- Jun 14, 2019
- CIK
- 0001725210
- Website
- grayscale.co
- Similar Companies
- Business
- Grayscale Ethereum Trust ETF (ETHE) (NYSE Arca: ETHE) provides investors with exposure to Ether, the native digital asset of the Ethereum Network, a decentralized peer-to-peer blockchain that enables the exchange and recording of Ether transactions via cryptographic protocols; the Trust holds Ether in custody with Coinbase Custody Trust Company, LLC, issues shares representing fractional ownership of the underlying Ether holdings (currently 908,136.6493 Ether as of December 17, 2025), and reflects the value of Ether held less the Trust's expenses and liabilities, including a total expense ratio of 2.50%; Ether per share stands at 0.00820592, with no distributions and assets under management of approximately $2.56 billion. Launched as a private placement on December 14, 2017, the Trust commenced public quotation on OTC Markets on June 20, 2019, and uplisted to NYSE Arca as a spot Ether exchange-traded product on July 23, 2024, marking it as the first such product in the U.S.; sponsored by Grayscale Investments Sponsors, LLC, a subsidiary of Grayscale Investments, LLC, headquartered in Stamford, Connecticut, the Trust operates primarily in the United States, targeting institutional and retail investors seeking Ethereum exposure without direct cryptocurrency custody. Recent developments include the initiation of Ether staking on October 6, 2025, enabling the Trust to participate in Ethereum's proof-of-stake protocol for network security and rewards (76.46% of assets staked, generating net staking rewards of 3.10% annualized and $8,024,019 in total net USD rewards as of December 17, 2025); a sponsor reorganization in October 2025, whereby Grayscale Investments, Inc. became the sole managing member of Grayscale Operating, LLC; updates to prime broker, custody, fund administration (with BNY Mellon), and staking arrangements, including a new agreement with Coinbase, Inc.; and a new Fund Administration and Accounting Agreement with BNY Mellon Asset Servicing, all enhancing operational efficiency and revenue generation in alignment with cryptocurrency market evolution.