About WETH
WisdomTree Physical Ethereum is a physically backed Exchange Traded Product (ETP) that provides investors with a simple, secure, and cost-efficient way to gain exposure to the price of Ethereum, the native cryptocurrency of the Ethereum network. Launched on April 27, 2021, and domiciled in Jersey, it holds physical Ethereum in institutional-grade cold storage custody, with each share entitling holders to a specific amount of the cryptocurrency, adjusted daily for fees and staking rewards. A key feature is its staking yield, generated from staked assets that contribute to securing the Ethereum proof-of-stake network. Structured as a debt security rather than equity, it offers UCITS eligibility, ISA and SIPP compatibility in the UK, and passporting across multiple European countries. With a management fee of 0.35%, WisdomTree Physical Ethereum ensures transparency through daily NAV calculations based on the CoinDesk Ether Reference Rate and seamless integration into traditional portfolio management. It plays a significant role in the digital assets market by bridging cryptocurrency exposure with established financial infrastructure, appealing to institutional and retail investors seeking Ethereum without direct blockchain interaction.
Asset Class Currency
Category Long ETH, Short USD
Stock Exchange Euronext Paris
Ticker Symbol WETH
Provider WisdomTree
Index Tracked ETH/USD Exchange Rate - USD - Benchmark Price Return
France · Delayed Price · Currency is EUR