List of Spot Ethereum (ETH) ETFs

Ethereum ETFs allow investors to directly invest in Ethereum without having to go though the challenges of buying, securing or safekeeping.

With spot Bitcoin ETFs coming to the market, it was only a matter of time before other crypto ETFs would hit the market. Among these, Ethereum is perhaps the most wanted altcoin and hence is expected to have the greatest demand when converted into an ETF.

A crypto ETF is actually the shares of a trust which are traded on an exchange.

As of 5th of December, 2023, there are only 6 applicants.


ETF NameSponsor (Launched by)ISIN CodeCountry
Ark/21 Shares ETH ETFArk Invest and 21 SharesUSA
VanEck ETH ETNVanEck
iShares ETH ETFBlackRockUSA
Hashdex Nasdaq ETH ETFHashdexUSA
Grayscale ETH TrustGrayscale InvestmentsUS3896381072USA
Invesco Galaxy ETH ETFInvesco Capital Management LLCUSA
Fidelity Ethereum FundFD Funds Management LLCUSA

1. Ark 21Shares Ethereum ETF

In an unexpected move, Cathie Wood, CEO of ArkInvest, has filed or a Ethereum ETF following victory of Grayscale in a case against the SEC by the US Court for the District of Columbia.

Ark Invest will issue Ethereum ETFs in collaboration of 21Shares. Ark will manage the marketing and distribution of these ETFs and 21Shares will manage the core financial part.

The trust will be managed under the name, Ark 21Shares Ethereum ETF, and was filed by Cboe Exchange with the US Securities and Exchanges Commission.

Coinbase Custody Trust Company will act as the Crypto Custodian. A custodian is a technology partner who is responsible for securing and transferring the Bitcoins that are to be held in the ETFs name.

Ark and 21 Shares also have filed for a Bitcoin ETF, which was later delayed by the SEC.

2. Van Eck Ethereum ETF

Van Eck also filed an Ethereum spot ETF with the SEC through Cboe Exchange.

Coinbase Custody Trust Company will act as the Crypto Custodian.

3. BlackRock’s iShares Ethereum ETF

On November 14, 2023, BlackRock filed for an Ethereum ETF with the SEC. The trust which is supposed to manage the ETF is known as iShares Ethereum Trust, a firm registered a week prior to the ETF filing. The Trust is registered as a Delaware Statutory Trust.

Also Read: BlackRock’s Bitcoin ETF’s Details

4. Hashdex Nasdaq Ethereum ETF

The Hashdex Ethereum ETF is a fully backed ETF which tracks the Nasdaq Ether Reference Price. It is currently listed with the Bermuda Stock Exchange and is currently open to institutional clients only.

The ETF has a net asset value of $24.8 million as on December 05, 2023.

5. Grayscale Ethereum Trust (ETF)

The Greyscale Ethereum Trust was launched by Grayscale Investments on Dec 14, 2017. The ETF will track the CoinDesk Ether Price Index (ETX) and has the ISIN code of US3896381072.

6. Invesco Galaxy Ethereum ETF

Invesco applied for a spot Ethereum ETF along with the Galaxy Digital as on September 29, 2023 with the US Securities and Exchanges Commission (SEC).

The trust is named as Invesco Galaxy Ethereum. Invesco Capital Management LLC is the sponsor of the trust.

7. Fidelity Ethereum Fund

Fidelity Investments filed for an Ethereum ETF on November 30, 2023, with the name Fidelity Ethereum Fund through the Cboe BZX Exchange. FD Funds Management LLC is the sponsor of the ETF.

The filing was just days after BlackRock filed for its iShares Ethereum ETF.

As an asset management company, Fidelity manages over $4.5 Trillion

2023, Das Crypto. This article is provided for information purposes only and is not meant to be used as a financial, legal, tax or any other kind of advice. Viewers are advised to consult proper experts before taking any action.

Dhirendra Chandra Das
Dhirendra Chandra Das

Dhirendra is a professional with dual degree MBA specializations in Finance and Marketing. He has a keen interest in finance and crypto. Starting his investment journey in Finance since 2015, Dhirendra has more than 8 years experience in Traditional Finance and 3 years experience in Decentralized Finance.

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