21Shares Ethereum ETF

Frequently Asked Questions About TETH

What does TETH invest in?

The 21Shares Ethereum ETF, known by the symbol TETH, endeavors to replicate Ether's spot price, net of its operational costs and financial obligations. It offers a streamlined entry point to Ether ownership, bypassing the typical intricacies of directly purchasing, securing, and trading the cryptocurrency on an open spot market. The fund's underlying Ether assets are primarily safeguarded in 'cold storage,' a robust security measure where the private keys controlling access to these assets are generated and stored offline. However, some of the trust's assets may periodically reside in 'hot' online trading wallets. The value of these holdings is determined daily using the CME CF Ether-Dollar Reference Rate, which consolidates transaction data from six distinct Ether exchanges. This rate serves as a singular, daily benchmark for Ether's USD price, set at 4:00 pm ET. Initially, at its launch, the issuer temporarily reduced a portion of the fee. Investors should carefully evaluate the fund's expense ratio and its tracking performance for effective comparison. Before August 28, 2025, the fund traded under the ticker CETH, and the term 'core' was subsequently eliminated from its official designation.

What is the expense ratio of TETH?

21Shares Ethereum ETF (TETH) charges an expense ratio of 0.21%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TETH?

21Shares Ethereum ETF (TETH) manages $25.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is TETH actively managed or an index fund?

TETH's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TETH launched?

21Shares Ethereum ETF (TETH) launched in July 2024 and is managed by 21Shares.

How has TETH performed?

TETH's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.