Ethereum ETFs are transforming the way traditional investors gain exposure to one of the world’s most influential cryptocurrencies. Instead of navigating crypto exchanges, wallets, and private keys, investors can now buy shares in an Ethereum Exchange-Traded Fund (ETF) through a standard brokerage account. This shift lowers the barrier to entry, offering regulated, secure, and user-friendly access to Ethereum’s price movements.
Understanding Ethereum ETFs
An Ethereum ETF allows investors to track the price of Ethereum without directly owning or managing the underlying asset. These funds are listed on traditional stock exchanges and provide a bridge between conventional finance and digital assets.
There are two primary types of Ethereum ETFs:
- Spot Ethereum ETFs: These funds hold actual Ethereum on their balance sheets, directly mirroring its market value in real time. Investors benefit from true price exposure backed by real assets.
- Ethereum Futures ETFs: These invest in futures contracts tied to Ethereum’s anticipated price. While they offer regulated access, they come with added complexities like contango and rollover costs.
👉 Discover how spot Ethereum ETFs are reshaping crypto investment strategies.
Ethereum ETF Tracker: Key Metrics (Updated Daily)
Below is a comprehensive overview of major Ethereum ETFs, including assets under management (AUM), daily trading volume, management fees, and net inflows.
| ETF Name | Ticker | AUM | Volume | Fee | Flow |
|---|---|---|---|---|---|
| Grayscale Ethereum Trust | ETHE | $5.09B | $182.13M | 2.5% | $0.00 |
| iShares Ethereum Trust ETF | ETHA | $1.95B | $324.23M | 0.25% | $18.42M |
| Fidelity Ethereum Fund | FETH | $754.94M | $65.3M | 0.25% | $0.00 |
| Bitwise Ethereum ETP | ETHW | $384.62M | $9.7M | 1.5% | $0.00 |
| VanEck Ethereum ETF | ETHV | $119.29M | $8.69M | 0.20% | $0.00 |
| Franklin Ethereum ETF | EZET | $42.16M | $2.28M | 0.19% | $0.00 |
| Invesco Galaxy Ethereum ETF | QETH | $33.99M | $554.64K | 0.25% | $0.00 |
Data is refreshed daily to reflect the latest market dynamics.
The Evolution of Ethereum ETFs
The journey toward approved spot Ethereum ETFs was long and methodical. It began in late 2021 when VanEck submitted the first proposal for an Ethereum Futures ETF. ProShares followed in May 2022, signaling growing institutional interest.
Although early applications stalled, progress accelerated in October 2023 with the launch of VanEck’s Ethereum Strategy ETF (EFUT), the first futures-based product.
The real turning point came in January 2024, when the U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs—paving the way for similar crypto products. By March 2024, major asset managers including BlackRock, Fidelity, and Bitwise had filed for spot Ethereum ETFs.
In May 2024, the SEC greenlit several spot Ethereum ETFs after confirming safeguards against fraud and market manipulation. The final approval wave arrived in July 2024, with multiple funds launching simultaneously on July 23—marking a new era for crypto investing.
Top Spot Ethereum ETFs in 2025
iShares Ethereum Trust (ETHA)
Managed by BlackRock, ETHA is the largest spot Ethereum ETF by AUM. It trades on NASDAQ with a 0.25% expense ratio—reduced to 0.12% during its first year or until assets hit $2.5 billion.
Backed by Coinbase Custody, ETHA leverages BlackRock’s financial infrastructure and trust reputation.
Key Details:
- Ticker: ETHA
- Exchange: NASDAQ
- Fee: 0.25%
- Custodian: Coinbase Prime
- Administrator: BlackRock
Grayscale Ethereum Trust (ETHE)
Launched in 2017, ETHE was the first Ethereum investment vehicle and later converted into an ETF. Despite its high 2.5% fee—ten times more than competitors—it remains popular due to early market entry and brand recognition.
Key Details:
- Ticker: ETHE
- Exchange: NYSE ARCA
- Fee: 2.50%
- Custodian: Coinbase Prime
- Administrator: BNY Mellon
Grayscale Ethereum Mini Trust (ETH)
To address ETHE’s high costs, Grayscale launched ETH—the "Mini" version—with a mere 0.15% expense ratio, the lowest among major spot ETFs.
Existing ETHE holders can convert seamlessly without triggering a taxable event.
Key Details:
- Ticker: ETH
- Exchange: NYSE ARCA
- Fee: 0.15%
- Custodian: Coinbase Prime
- Administrator: BNY Mellon
Fidelity Ethereum ETF (FETH)
Fidelity’s entry into the space underscores institutional confidence. FETH trades on CBOE with a 0.25% fee—waived entirely until the end of 2024.
Held by Fidelity Digital Asset Services, it reflects the firm’s deep blockchain expertise since 2014.
Key Details:
- Ticker: FETH
- Exchange: CBOE BZX
- Fee: 0.25% (waived)
- Custodian: Fidelity Digital Asset Services
Bitwise Ethereum ETF (ETHW)
Bitwise offers a competitive 0.20% fee—waived for six months or until AUM reaches $500 million. Notably, Bitwise donates 10% of ETHW profits to Ethereum open-source development.
Key Details:
- Ticker: ETHW
- Exchange: NYSE ARCA
- Fee: 0.20%
- Custodian: Coinbase Prime
👉 Compare low-fee Ethereum ETF options and maximize your returns today.
VanEck Ethereum Trust (ETHV)
VanEck combines legacy financial strength with crypto innovation. ETHV charges a modest 0.20% fee and stores assets with Gemini Custody.
VanEck also operates EFUT—the first actively managed Ethereum futures ETF.
Franklin Ethereum Trust (EZET)
Franklin Templeton’s EZET features one of the lowest fees at 0.19%, appealing to cost-conscious investors seeking reliable exposure.
Custody: Coinbase Prime
Administration: BNY Mellon
Invesco Galaxy Ethereum ETF (QETH)
A collaboration between Invesco and Galaxy Digital, QETH offers a 0.25% fee and trades on CBOE BZX.
It benefits from Invesco’s experience with globally traded products like QQQ.
21Shares Core Ethereum ETF (CETH)
Originally planned with Ark Invest, CETH is now fully managed by 21Shares. It charges a mid-tier fee of 0.21% and uses Coinbase Prime for custody.
ProShares Ether ETF (EETH)
Unlike others, EETH is futures-based with a 0.95% expense ratio. It offers indirect exposure without holding actual Ether—ideal for investors wary of spot market volatility.
Why Choose an Ethereum ETF?
Ethereum ETFs deliver several compelling advantages:
- ✅ Regulatory Compliance: Operate under SEC oversight, reducing fraud risk.
- ✅ Ease of Access: Buy via traditional brokers—no need for crypto wallets.
- ✅ Professional Custody: Trusted firms like Coinbase and Gemini hold assets securely.
- ✅ Institutional Adoption: Ideal for pension funds, hedge funds, and asset managers.
- ✅ Portfolio Diversification: Adds crypto exposure without operational complexity.
Ethereum ETF vs Direct Ownership
| Feature | Ethereum ETF | Buying Spot Ethereum |
|---|---|---|
| Accessibility | Brokerage account | Crypto exchange |
| Ownership | Shares only | Direct ownership |
| Custody | Third-party custodian | Self-custody |
| Fees | Management + trading fees | Exchange fees only |
| Trading Hours | Market hours (9:30 AM–4 PM ET) | 24/7 |
| Control Over Assets | No withdrawal capability | Full control |
| Minimum Investment | Depends on share price | As low as $1 |
Risks and Considerations
Despite their benefits, Ethereum ETFs carry unique risks:
- Management Fees: Reduce long-term returns compared to holding ETH directly.
- Limited Trading Windows: Cannot react to off-hours price swings.
- No Asset Redemption: Most ETFs don’t allow conversion to actual Ether.
- Third-Party Reliance: You depend on custodians and fund managers.
- Market Volatility: ETH’s inherent price swings still affect ETF value.
👉 Learn how to balance risk and reward in your crypto investment strategy now.
Frequently Asked Questions
What is an Ethereum ETF?
An Ethereum ETF provides regulated exposure to Ether’s price through shares traded on stock exchanges—no need to buy or store crypto directly.
How do I buy an Ethereum ETF?
You can purchase shares through any standard brokerage platform that supports ETF trading, just like stocks.
Which Ethereum ETF has the lowest fee?
The Grayscale Ethereum Mini Trust (ETH) offers the lowest expense ratio at 0.15%.
Are there risks with Ethereum ETFs?
Yes—risks include management fees, limited trading hours, lack of direct ownership, custody dependence, and market volatility.
Do Ethereum ETFs impact ETH’s price?
Yes. When ETFs buy Ether to back shares, it increases demand in the open market—potentially driving prices higher.
What’s the difference between spot and futures Ethereum ETFs?
Spot ETFs hold actual Ether and track real-time prices; futures ETFs use derivatives predicting future prices and carry rollover risks.
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