About ETHE
CoinShares Physical Staked Ethereum is an exchange-traded product (ETP) that provides regulated exposure to Ethereum, the leading smart contract platform powering decentralized applications, DeFi, and NFTs. Structured as a physical ETN domiciled in Jersey, it is 100% backed by actual ETH held in secure institutional-grade cold storage custody, with every unit representing a defined claim on the underlying cryptocurrency verifiable through daily coin entitlement figures. Launched on February 23, 2021, it stands out with 0% management fees, a pioneering feature in the crypto ETP industry, achieved by sharing staking rewards—currently around 1.25%—directly with investors, enhancing transparency and efficiency. Fully accumulating and currency-unhedged in USD, the product offers seamless tradability via standard brokerage accounts, bridging traditional finance with blockchain innovation. Independent verification by The Network Firm ensures reserves match holdings in real-time, while physical redemption options allow eligible holders to exchange shares for ETH. With assets under management exceeding USD 269 million (equivalent to EUR 237 million), CoinShares Physical Staked Ethereum plays a key role in enabling diversified, professional access to Ethereum's ecosystem without direct custody complexities.
Asset Class Currency
Category Long ETH, Short CAD
Stock Exchange London Stock Exchange
Ticker Symbol ETHE
Provider CoinShares
Index Tracked Compass Crypto Reference Index Ethereum - Benchmark Price Return
ETHE had a total return of -37.87% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.06%.