Uncover the Top Ethereum ETFs for September 2024 (2024)

FAQs

Uncover the Top Ethereum ETFs for September 2024? ›

Ethereum -3X leveraged ETF is an exchange traded product which tracks the daily return of Ethereum by leverage ratio -3. If the underlying return is -1%, then the -3X ETF will increase by 3%.

Ethereum -3X leveraged ETF is an exchange traded product which tracks the daily return of Ethereum by leverage ratio -3. If the underlying return is -1%, then the -3X ETF will increase by 3%.

About six months have passed since the Securities and Exchange Commission (SEC) approved the first spot Bitcoin ETFs. And on July 23, the SEC allowed the first spot Ethereum ETFs to start trading.

In other words, the fees on these new ETFs are so low (0.25%) that it's cheaper to buy and hold the ETFs than it is to buy the same amount of Ethereum directly in the crypto market. So if low cost is one of your priorities as an investor, you really can't go wrong with any of the new spot Ethereum ETFs.

The 2x Ether ETF (Ticker: ETHU) is a leveraged Ether-linked ETF that seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of Ether for a single day, not for any other period. The Fund presents different risks than other types of funds.

Your clients can now invest indirectly in ether cryptocurrency with Fidelity^® Ethereum Fund (FETH), giving you another way to consider integrating digital assets into your practice.

BlackRock's iShares Ethereum Trust (ETHA), its spot ether exchange-traded fund (ETF), on Tuesday became the first among a cohort of 11 issuers to cross the landmark $1 billion in net inflows, data shows.

ETHA – The Ethereum Trust ETF | iShares – BlackRock.

What are the 8 Ethereum ETFs? ›

The SEC approved the listing and trading of eight Ethereum (ETH) ETFs: the Grayscale Ethereum Trust, the Bitwise Ethereum ETF, the iShares Ethereum Trust, the VanEck Ethereum Trust, the ARK 21Shares Ethereum ETF[1], the Invesco Galaxy Ethereum ETF, the Fidelity Ethereum Fund, and the Franklin Ethereum ETF.

Investors can buy these spot ETFs on many online brokerage platforms and robo-advisors that offer traditional assets. While Ethereum ETFs are already trading in the market, spot ether ETFs allow investors to directly invest in Ethereum, as opposed to future ether ETFs that hold contracts tied to ether's value.

Unlike spot bitcoin ETFs, which do not pay dividends, spot ether ETFs might pay dividends from staking. However, this would depend on the specific structure and investment strategy of the ETF and any regulatory restrictions imposed on it.

What Are Spot Ethereum ETFs? Spot ethereum ETFs will directly hold ether, the cryptocurrency that supports the ethereum blockchain. Ether currently trades on cryptocurrency exchanges, like Coinbase COIN, and is the second-largest cryptocurrency to bitcoin.

Grayscale Ethereum Mini Trust (ETH)

With Ethereum Mini Trust (NYSE: ETH), Grayscale has introduced a low-cost Ethereum fund with the lowest share price of all spot Ether ETFs in the market, enabling investors to gain more precise exposure to Ethereum. Grayscale Ethereum Mini Trust charges a management fee of 0.15%.

Our most recent Ethereum price forecast indicates that its value will increase by 2.74% and reach $2,413.59 by September 14, 2024.

What Does It Mean When an ETF Is Leveraged 3x? An ETF that is leveraged 3x seeks to return three times the return of the index or other benchmark that it tracks. A 3x S&P 500 index ETF, for instance, would return +3% if the S&P rose by 1%.

These leveraged ETFs seek a return that is 300% or -300% of the return of their benchmark index for a single day. The funds should not be expected to provide three times or negative three times the return of the benchmark's cumulative return for periods greater than a day.

Daily Leveraged ETFs aim to amplify the daily returns of an underlying asset, typically by a factor of 2X or 3X. In other words, if the asset increases by 1% on a given day, a 2X Leveraged ETF seeks to deliver a 2% return – and a 3X Leveraged ETF aims for a 3% return – before fees and expenses, in a single trading day.