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TETH 21Shares Ethereum Staking ETF

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IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Oct 28, 2026, TETH lost 41.1%, against −41.3% for ether.

Why did TETH return −41.1% against Ether’s −41.3%?How closely does TETH track Ether?What does TETH cost to hold and to trade?
A spot Ether trust. It holds the coin and trades like a share.21Shares ↗Expense ratio 0.21%Fund assets $26m on Oct 28, 2026First traded Jul 23, 2024Benchmark EtherFund page at the issuer ↗SEC filings ↗Every 21Shares fund ETFIQ coversDividend history

Promise check: DeliveredOver the year to Oct 28, 2026, TETH returned −41.1% against −41.3% for Ether. Before its 0.21% fee, it finished 0.70 points ahead of Ether.

Compare with…Trading costsPut to the committeeaskIQ about TETHAdd to portfolioAlerts

TETH risk and return scorecard

vs Ether

Not measured: no price history kept for TETH.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

What you earned

TETH −11.3%, Ether −11.3%: total return over one month to Oct 28, 2026.
TETH−11.3%
Ether−11.3%
TETH +25.8%, Ether +25.6%: total return over three months to Oct 28, 2026.
TETH+25.8%
Ether+25.6%
TETH +6.5%, Ether +6.1%: total return over six months to Oct 28, 2026.
TETH+6.5%
Ether+6.1%
TETH −19.9%, Ether −20.2%: total return over the year to Oct 28, 2026.
TETH−19.9%
Ether−20.2%
TETH −41.1%, Ether −41.3%: total return over one year to Oct 28, 2026.
TETH−41.1%
Ether−41.3%
TETH −31.3%, Ether −31.5%: total return since launch to Oct 28, 2026.
TETH−31.3%
Ether−31.5%
askIQ: why did TETH return −41.1% against Ether’s −41.3%? ↗

Did it track the coin?

Spot Ether
−41.1%
Total return, 1 year
Report
−41.3%
Ether over the same days
Report
+0.3 pts
Difference against Ether, in percentage points
Report
570
Days it has traded
Report
askIQ: how closely does TETH track Ether? ↗

More on TETH

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TETH returns by window: total return, cash paid and price change
WindowTotal returnEtherDifference, percentage points
1M Sep 28 – Oct 28, 2026−11.3%−11.3%0.0 pts
3M Jul 29 – Oct 28, 2026+25.8%+25.6%+0.2 pts
6M Apr 29 – Oct 28, 2026+6.5%+6.1%+0.3 pts
YTD Dec 31, 2025 – Oct 28, 2026−19.9%−20.2%+0.4 pts
1Y Oct 28, 2025 – Oct 28, 2026−41.1%−41.3%+0.3 pts
Since launch Jul 23, 2024 – Oct 28, 2026−31.3%−31.5%+0.2 pts
Since launch, annualised Jul 23, 2024 – Oct 28, 2026−15.3%––

Total returns, distributions reinvested. Listed Jul 2024: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested. Data as of Oct 28, 2026. Updated every trading night. Last checked Oct 28, 2026. Report a data error

Where every fund in this set sits

How much of what holding the coin gave did a holder of the fund keep?

Share of the coin's growth it kept
LTCN 89.0%GBTC 98.6%ETHE 99.1%HBR 99.1%LTCC 99.1%ETHA 99.6%ETHV 99.6%QETH 99.6%BRRR 99.7%, and 11 more at this point: BTCO 99.7%, BTCW 99.7%, EZBC 99.7%, FBTC 99.7%, FETH 99.7%, ARKB 99.8%, BITB 99.8%, EZET 99.8%, IBIT 99.8%, BTC 99.9%, ETHW 99.9%HODL 100.0%ETH 101.7%OBTC 105.0%BSOL 105.9%GXLM 152.3%TETH 100.5%TETH 100.5%89.0%152.3%
89.0% to 152.3% across 26

That is the share of the 26 spot crypto trusts with a full year sitting at or below TETH.

Share of the coin's own price growth a holder kept; funds on different coins are ranked together. Where the fund sits in this set, not a rating. Do not average it with another category's score.

82.7
IQ Crypto ScoreETFIQ Coin Capture Score5th of 26 · Oct 28, 2026
1.9 · lowest of 26 spot crypto trusts with a full year98.1 · highest

How much of its coin's move it captured, after costs, ranked against 26 spot crypto trusts with a full year. 100 is best. How it is computed

TETH kept 100.5% of what holding Ether gave over the same days.

share of the coin's growth it kept100.5% · 83rd pct
All 26 ranked by this score →

TETH key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$19.48 on Oct 29, 2025
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$7.78 on Jun 25, 2026
Close on Oct 28, 2026, within that range (ETFIQ)$11.82, 35% of the way from the low to the high
Beta to its benchmark, 1 year (ETFIQ)1.00, against ether
R-squared, the same days (ETFIQ)1.00
Beta and R-squared measured over251 daily total returns, Oct 29, 2025 to Oct 28, 2026
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Oct 28, 2026
Trading · TETHas of Oct 28, 2026
·
Not scored0 of 6 measured · Oct 28, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

About TETH

TETH’s own filings say it does (10-Q, Aug 14, 2026). It charges 0.21% and finished only −0.3% behind Ether, so staking covered about 0.5% of that fee over these days.
Sponsor21Shares
HoldsEtherReport
Sponsor’s fee (10-Q)0.21%
Fee waiverthe whole fee, but it ended on Oct 8, 2026. The sponsor's fee above is what the trust charges now.
Net assets (issuer page, as of Oct 28, 2026)$26mReport
Stakingthe filings say the trust stakes
First tradedJul 23, 2024
Days traded570
Days it closed unchanged5
Quotedon an exchange, every trading day
Price$11.82
Against Ether, same days0.3% ahead of
Reports to the SEC on10-K, not N-PORT
How we measure
Over the year to Oct 28, 2026, Ether moved −41.3% and TETH returned −41.1%. That leaves it 0.29 of a percentage point ahead. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only number on this page the sponsor does not publish itself. TETH charges 0.21% a year and finished 0.3% ahead of Ether, which a fee cannot do on its own. Ether is a proof of stake chain, so a fund holding it can stake. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Ether it custodies.
Fund closes and coin closes from Tiingo, read at the same two dates. ETFIQ calculation. Method
IQ Investment Committee on TETH

12 seats on TETH, as of Oct 28, 2026: 1 Mixed, 4 Challenges, 6 Not enough data, 1 Does not apply.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianDoes not apply
In the tradition ofRay DalioDalio-style All-WeatherNot enough data
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingChallenges
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatMixed
Put TETH to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about TETH

Does TETH track Ether?
Over the year to Oct 28, 2026 it returned −41.1% against Ether’s −41.3%, which leaves it 0.29 of a percentage point ahead. That difference carries the fee, the custody cost and the market’s pricing of the shares, and ETFIQ computes it from the fund’s own closes and the coin’s own closes over the same two dates.
Does TETH stake?
Ether is a proof of stake chain, so staking is possible. Whether this fund stakes, and what the sponsor keeps of it, is a term in its own filings and is read from those rather than assumed.
What is TETH?
21Shares Ethereum Staking ETF, a spot Ether trust sponsored by 21Shares, first traded Jul 23, 2024. It holds the coin through a custodian rather than futures on it or shares in companies that own it.
Sources and dates
Prices, TETH and EtherPrices, Tiingo end of day ↗
Fee, 0.21%Sponsor’s fee, read from the 10-Q filed Aug 14, 2026 ↗
Net assets, $26mIssuer page · Oct 28, 2026
All fund filingsFilings on SEC EDGAR ↗
SourceStaking, read from the 10-Q filed Aug 14, 2026 ↗
Issuer21Shares page for TETH ↗
Sponsor’s fee, read from the 10-Q filed Aug 14, 2026 ↗
Staking, read from the 10-Q filed Aug 14, 2026 ↗
21Shares page for TETH ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, TETH, crypto ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/teth

The tracking bar for TETH, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Tracking difference
The fund’s total return minus the coin’s over exactly the same days, in percentage points. The fee, the custody cost, the creation and redemption friction and whatever the market paid for the shares, all of it, in one number.
Spot
The fund holds the coin itself, through a custodian, rather than futures on it or shares in companies that own it. Only spot funds are in this category; the others are measured where they belong.
Sponsor
Who runs the fund. Most spot crypto ETFs are 1933 Act trusts rather than registered investment companies, so they have a sponsor rather than an adviser, and file a 10-K rather than an N-PORT.
Thinly quoted
A fund whose price sat unchanged on more than one trading day in twenty. Its quoted return is what somebody paid on the days anyone traded, which is not the same thing as what the fund did, so ETFIQ shows it and does not rank it against funds that trade.
Staking
Only proof of stake coins can be staked, so it exists for ether and Solana funds and cannot exist for a bitcoin one. Where a fund stakes, the yield and the sponsor’s share of it are terms in its own filings.
Full definitions: crypto ETFs vocabulary page. →
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TETH: TETH over 1 year: fund −41.05%, Ether −41.34%, 0.29 pts ahead of Ether. Data to Oct 28, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/teth"><img src="https://etfiq.com/assistant/api/embed/crypto/teth.svg" alt="TETH: TETH over 1 year: fund −41.05%, Ether −41.34%, 0.29 pts ahead of Ether. Data to Oct 28, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">TETH: TETH over 1 year: fund −41.05%, Ether −41.34%, 0.29 pts ahead of Ether. Data to Oct 28, 2026. Data: <a href="https://etfiq.com/funds/teth">ETFIQ</a></figcaption>
</figure>

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