Invesco Galaxy Ethereum ETFInvesco Galaxy Ethereum ETFInvesco Galaxy Ethereum ETF

Invesco Galaxy Ethereum ETF

No trades
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Key stats


Assets under management (AUM)
‪23.60 M‬USD
Fund flows (1Y)
‪19.41 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−5.7%
Shares outstanding
‪708.00 K‬
Expense ratio
0.25%

About Invesco Galaxy Ethereum ETF


Issuer
Invesco Ltd.
Brand
Invesco
Home page
Inception date
Jul 23, 2024
Structure
Grantor Trust
Index tracked
ETH/USD Exchange Rate - USD - Benchmark Price Return
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Tax on distributions
Ordinary income
QETH aims to track the spot price of ether (ETH), as measured using the Lukka Prime Ethereum Reference Rate, less expenses and liabilities. It intends to provide accessibility to ether without the complexities of acquiring, holding, and trading directly through a digital asset platform. The trust is backed by ether held in cold storage, which is a safeguarding method by which the private keys corresponding to the trusts ether are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily using the estimated fair market value price for ETH, reflecting its execution price on the principal market. Price is determined each day by evaluating ETH trading platforms across various criteria, including governance frameworks, trading volume, data transparency, and data integrity.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Ether, short USD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.