The Invesco Galaxy Ethereum ETF (QETH) is an ETP that invests directly in physical Ethereum. It provides investors with exposure to Ethereum's market performance, as measured by the Lukka Prime Ethereum Reference Rate. The fund eliminates the complexities of directly acquiring, holding, and trading ETH. Backed by Ether held in cold storage, QETH ensures enhanced security against hacking. Holdings are valued daily based on Ethereum's estimated fair market value, determined through an evaluation of various trading platforms. QETH was launched on July 23, 2024, by Galaxy Asset Management, a leading digital assets and blockchain investment manager, and Invesco Ltd., a global provider of exchange-traded products.