Ethereum ETF Providing Spot Ether Exposure

VanEck is today launching the VanEck Ethereum ETF (ETHV), which provides spot ether exposure through an exchange-traded product. ETHV trades on the Cboe BZX Exchange. Sponsor fees will be waived through 7/22/2025 or the first $1.5B in AUM. After that, the sponsor fee will be 0.20%.

“Investing in Ethereum presents an opportunity for pure play exposure to the economics of blockchain software, and we’re pleased to be able to deliver in the U.S.,” said Jan van Eck, CEO of VanEck. “We look forward to engaging with clients about the role ether can play in a diversified portfolio, particularly as an aggressive growth investment.”

VanEck has long been an advocate and vocal leader bringing direct digital assets exposure to the exchange-traded product space. VanEck took the lead in filing for an exchange-traded spot ether product in 2021, and previously was the first established ETF issuer to file for a futures-based bitcoin ETF in 2017, followed by a filing for a spot bitcoin exchange traded fund in 2018. At the start of this year, the firm launched the VanEck Bitcoin Trust (HODL), which provides spot bitcoin exposure.

VanEck’s efforts around digital assets, like in many of the categories where the firm has been an established leader, have been global in focus. The firm’s European arm currently manages 12 crypto exchange-traded products, while its MarketVector index subsidiary was the first regulated index provider to launch a suite of digital asset indexes featuring its flagship Bitcoin & Ethereum Benchmark Rates. A timeline of VanEck’s industry-leading efforts in digital asset thought leadership and product development can be found here.

“This is an exciting day not just for our team, but for investors more broadly,” added Kyle DaCruz, Director, Digital Assets Product at VanEck. “ETHV opens the door for investors who may have been curious about the role ether can play in their portfolio, but who might have been precluded from accessing it for a variety of reasons. It’s important to note that ether and bitcoin are very different assets, providing very different types of exposure. While we’re excited to be introducing ETHV, we’re just as excited to be at the forefront of educating all types of investors as to just what ether is and what makes it unique.”