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
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QETH trades at 24.81 USD today, its price has fallen −1.59% in the past 24 hours. Track more dynamics on QETH price chart.
QETH net asset value is 24.80 today — it's risen 36.84% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QETH assets under management is 23.91 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QETH price has risen by 35.87% over the last month, and its yearly performance shows a −29.44% decrease. See more dynamics on QETH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 15.22% increase in three-month performance and has decreased by −25.66% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 15.22% increase in three-month performance and has decreased by −25.66% in a year.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QETH invests in cash. See more details in our Analysis section.
QETH expense ratio is 0.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QETH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QETH technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QETH shows the buy signal. See more of QETH technicals for a more comprehensive analysis.
Today, QETH technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QETH shows the buy signal. See more of QETH technicals for a more comprehensive analysis.
No, QETH doesn't pay dividends to its holders.
QETH trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QETH shares are issued by Invesco Ltd.
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.
The fund started trading on Jul 23, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.