VanEck Ethereum ETF
ETHV
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Jul 23, 2024
- CIK
- 0001860788
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck Ethereum ETF (ETHV) is a passive exchange-traded product that seeks to reflect the performance of the price of Ether (ETH), less the Trust's operating expenses; it holds ETH in cold storage with a qualified custodian and trades on the Cboe BZX Exchange. The ETF provides investors with direct spot exposure to Ethereum, the blockchain platform enabling decentralized applications and smart contracts through its native currency, Ether; it does not pursue active investment strategies or generate income beyond ETH price tracking. Launched in July 2024 and sponsored by VanEck Digital Assets, LLC, a subsidiary of New York-based VanEck, founded in 1955 and headquartered at 666 Third Avenue, New York, NY, ETHV targets institutional and retail investors seeking cost-efficient cryptocurrency exposure without direct asset custody. ETHV's core holding consists solely of Ether, representing approximately 100% of net assets, with collateral cash and minor liabilities; as of December 2025, total net assets stand at around $163 million, with an expense ratio of 0.20% following a sponsor fee waiver through July 22, 2025, or the first $1.5 billion in assets under management. The Trust operates without registration under the Investment Company Act of 1940, offering fewer protections than traditional ETFs, and emphasizes risks including ETH's high volatility, regulatory pressures, scalability challenges, and competition. In recent developments, ETHV amended its Authorized Participant Agreement effective November 20, 2025, to permit in-kind creations and redemptions alongside cash processes, enhancing operational efficiency for authorized participants. VanEck, the ETF's sponsor and part of a firm managing over $161 billion in assets as of September 2025 across mutual funds, ETFs, and institutional accounts, expanded its digital assets suite—including the VanEck Bitcoin Trust (HODL) and VanEck Digital Transformation ETF (DAPP)—with global operations spanning North America, Europe, Asia-Pacific, and Latin America. The firm filed in October 2025 for a Lido Staked Ethereum ETF to provide exposure to stETH and staking rewards, alongside launching VanEck Ventures, a $30 million fund for early-stage fintech, digital assets, and AI startups, and becoming the official ETF partner of the New York Islanders.