Ethereum ETF
Overview
Fund objective
QETH aims to track the price of Ethereum (before fees and expenses) in $A.
Fund strategy
QETH obtains its exposure to physically-settled Ethereum by investing in the NYSE-listed Bitwise Ethereum ETF run by the largest crypto index fund manager in the US, Bitwise. The underlying Ethereum assets are held by a leading global digital asset custodian.
An investment in QETH should be considered extremely high risk and should be considered only by informed investors seeking a very small allocation (5% or less) to an extremely high volatility investment.
An investment in the Fund is not suitable for all investors and should only be made by investors (i) who fully understand the features and risks of Ethereum or after consulting a professional financial adviser, and (ii) who have an extremely high tolerance for risk and the capacity to absorb a rapid loss of some or all of their investment.
There are risks associated with an investment in the Fund including volatility risk, digital asset price risk, currency risk, political, legal and regulatory risk, immutability risk and digital asset custody risk. An investment in the Fund should only be made after considering your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination at www.betashares.com.au.
Benefits
Convenience
No need for private keys or complicated wallets – invest just as you would in any ETF.
Regulation and professional custody
Unlike cryptocurrency trading platforms, which can be subject to varying levels of regulation, QETH is subject to the same regulation as all ASX-traded ETFs. The underlying holdings of Ethereum are primarily held offline in cold storage by a leading global digital asset custodian.
Transparent valuation and holdings
QETH’s net asset value (NAV) is published daily on the Betashares website along with the amount of Ethereum held per unit.
Invest in QETH with Betashares Direct
Key facts
Profile
| Units outstanding* (#) | 30,000 |
|---|---|
| Management fee and cost** (p.a.) | 0.45% |
| Distribution frequency | Not expected |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Registry | MUFG Corporate Markets |
| Domicile | Australia |
* As at 20 February 2025
**Certain additional costs apply. Please refer to PDS.
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
| * Data is delayed by at least 20 minutes. | |
| NAV | |
| NAV/Unit* | $30.04 |
| iNAV (live)** | |
| Ethereum price AUD (live)** | |
| Number of Ether per unit | 0.00698263 |
|
* As at 20 February 2025
* As at 1 January 1970 |
|
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Trading information
| ASX code | QETH |
|---|---|
| IRESS code | QETH.AXW |
| iNAV IRESS code | QETHAUIV |
| Market makers | Susquehanna Pacific |
Performance
Fund returns after fees (%)
| Fund | Ethereum (AUD) | |
|---|---|---|
| 1 month | - | -1.52% |
| 3 months | - | 38.25% |
| 6 months | - | 6.10% |
| 1 year | - | 52.88% |
| 3 year p.a. | - | 13.34% |
| 5 year p.a. | - | 81.69% |
| 10 year p.a. | - | - |
| Since inception (p.a.) | - | - |
| Inception date | - | - |
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Sector allocation
| Ethereum | 100.0% |
|---|
* As of 31 January 2025
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| - | - | - | - | - |