Key stats
About Invesco Galaxy Ethereum ETF
Home page
Inception date
Jul 23, 2024
Structure
Grantor Trust
Replication method
Physical
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
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
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QETH assets under management is 23.93 M USD. It's risen 55.34% over the last month.
QETH fund flows account for 24.28 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, QETH doesn't pay dividends to its holders.
QETH shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jul 23, 2024, and its management style is Passive.
QETH expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
QETH follows the ETH/USD Exchange Rate - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QETH invests in cash.
QETH price has risen by 43.40% over the last month, and its yearly performance shows a −29.37% decrease. See more dynamics on QETH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 17.22% increase in three-month performance and has decreased by −24.37% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 17.22% increase in three-month performance and has decreased by −24.37% in a year.
QETH trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.