CryptoReview
Submit listing

Grayscale Ethereum Staking ETF (ETHE) vs Grayscale Ethereum Staking Mini ETF (ETH)

How Grayscale Ethereum Staking ETF (ETHE) vs Grayscale Ethereum Staking Mini ETF (ETH) compare on our ratings, crypto etf specs, funding, pros and cons.

Grayscale Ethereum Staking ETF (ETHE)3.5/5
VS
Grayscale Ethereum Staking Mini ETF (ETH)4.1/5
Feature
Grayscale Ethereum Staking ETF (ETHE)Visit
Grayscale Ethereum Staking Mini ETF (ETH)Visit
Ratings
Our score3.5/54.1/5
User ratingNo reviews yetNo reviews yet
Fees1.04.5
Size & liquidity4.54.0
Issuer & custody4.54.0
Structure & tracking4.03.5
Extras (staking, options)4.54.5
Specs
TickerETHEETH
IssuerGrayscaleGrayscale
HoldsEtherEther
StructureGrantor trustSpot ETF
Expense ratio2.5%0.15%
Assets under managementNot disclosed$1.79B as of July 2026
Listed onNYSE ArcaNYSE Arca
Launch date2024-07-232024-07-23
CustodianNot disclosedCoinbase Custody Trust Company and Anchorage Digital Bank N.A.
Stakes its holdings Yes Yes
MarketNot disclosedUnited States
Company
Founded20242024
Headquarters—United States
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Distributes native on-chain ether staking rewards in cash directly to brokerage accounts
  • Stakes over 80% of underlying ether holdings to optimize cash yield generation
  • Liquid trading on NYSE Arca with a 0.05% 30-day median bid/ask spread
  • Eligible for tax-advantaged US retirement accounts like IRAs and 401(k) plans
  • Low 0.15% annual expense ratio with no temporary waiver expiration
  • Stakes ether holdings to pass 94% of staking yield into NAV
  • Uses two institutional custodians including Coinbase Custody and Anchorage Digital
  • Deep secondary market liquidity with roughly $69M in daily volume in July 2026
Cons
  • High 2.50% annual sponsor fee creates a significant ongoing drag on capital
  • Retains 23% of gross staking rewards for sponsor, custodian, and staking provider fees
  • Investors cannot redeem fund shares for physical ether coins
  • Subject to underlying ether price volatility and proof-of-stake slashing risks
  • No custodian recourse or compensation for validator slashing losses
  • Sponsor and partners deduct 6% from gross staking rewards
  • Shareholders cannot redeem shares for physical ether
  • Not registered under the Investment Company Act of 1940
Best forUS brokerage retirement accounts, Investors seeking ether staking dividends, Accounts unable to self-custody cryptoUS brokerage account holders, Retirement and IRA ether exposure, Cost-sensitive spot ether investors

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.