ETH ETF — Grayscale Ethereum Mini Trust ETF

Grayscale Ethereum Mini Trust ETF (ETH)

ETH is a low-cost ETF linked to Ethereum. its trailing-12-month yield is 0.14%, its expense ratio is 0.15%. Total return is -22.9% over the past 2.2 years, 1.2 points ahead of ETHA at -24.1%.

Grayscale Ethereum Mini Trust is an ETF that seeks to reflect the value of Ethereum, offering investors a cost-effective way to gain exposure to the cryptocurrency without direct ownership. The fund does not distribute income and carries an expense ratio of 0.15%. It appeals to investors seeking direct crypto exposure through a traditional fund structure.

ETH performance versus ETHA

Price and return data through 2026-09-18.

Total return is -22.9% over the past 2.2 years, 1.2 points ahead of ETHA at -24.1%. Over the past year its total return — price change plus distributions reinvested — is -41.7%. Its deepest 1-year drawdown was 66.8%.

ETH key facts

Issuer

Grayscale Investments

Asset type

ETF

Asset class

Equity

Inception date

07/23/2024

Expense ratio

0.15%

Trailing yield

0.14%

Last close

$25.18 (as of 2026-09-18)

NAV

$22.96

Premium / discount

9.67% premium

AUM

$2,167,122,732

Average volume

4338700.0

Last dividend

$0.035

Last ex-dividend date

09/03/2026

Last payment date

09/04/2026

Beta

3.044

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.14%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Grayscale Investments or company page; Index: Ethereum; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ETH risks and drawbacks

The deepest 1-year drawdown on record here is 66.8%.

Who may consider ETH — and who may not

ETH may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Grayscale Investments.