- Grayscale Ethereum Trust (ETHE) is leading in the ETH ETF space.
- Grayscale Ethereum Mini Trust (ETH) complements ETHE, offering waived fees for early investors.
- BlackRock’s ETHA ETF holds 79,699 ETH, making it a notable player.
Among the various investment vehicles, exchange-traded funds (ETFs) provide a convenient way for investors to gain exposure to ETH without directly holding the asset. Grayscale, a prominent player in the crypto investment space, has emerged as a leader in this field.
The Grayscale Ethereum Trust (ETHE) stands out as a significant player in the ETH ETF arena. Unlike most mutual funds or ETFs, ETHE is not registered under the Investment Company Act of 1940 and operates outside its regulatory framework.
Grayscale’s second product, the Grayscale Ethereum Mini Trust (ETH), complements ETHE. While ETHE dominates the market, ETH aims to attract investors with a waived fee structure for the first six months or until it reaches $2 billion in net assets under management.
Other ETH ETFs on the leaderboard
The Grayscale ETH Ethereum Mini Trust holds the second spot with 310,308 ETH. This significant amount further emphasizes Grayscale’s overall dominance in the market. BlackRock, a major player in the investment world, takes the third position with its ETHA ETF. Holding 79,699 ETH, BlackRock’s presence in the ETH ETF landscape is notable.
Bitwise’s ETHW ETF holds 71,556 ETH, securing the fourth spot on the leaderboard. Bitwise is known for its comprehensive approach to cryptocurrency investments. Fidelity’s FETH ETF ranks fifth, with 41,550 ETH. Fidelity’s entry into the Ethereum ETF market highlights the growing interest of traditional financial institutions in the cryptocurrency space.
VanEck’s ETHV ETF holds 8,055 ETH, placing it sixth on the leaderboard. Other ETFs that featured in the list include Franklin Templeton’s EZET ETF, Invesco’s QETH ETF, and 21Shares’ CETH ETF.
Read Also
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
