CETH

CETH

21Shares Core Ethereum ETF
ISIN
US04071F1021
Investment Thesis
Factsheet
ARKB Reserves
CETH Reserves
$
15.58
Net Asset Value
As of
Nov 19, 2024

Offering exposure to ether (ETH), the 21Shares Core Ethereum ETF (CETH) tracks the performance of ether, the second largest crypto asset by market cap. CETH offers investors a way to gain ether exposure with the crypto expertise of 21Shares.

Assets Under Management:
$
26,959,368.50
YTD Return:
-10.54
%
1D Change:
-1.30
%
Staking Yield:
%
Expense Ratio*:
0.00
%
* 21Shares LLC ("The Sponsor") will waive its entire management fee for the Fund until 23 January 2025 or until assets reach $500 million, whichever occurs first.

Overview

As of
Nov 19, 2024

Objective

ARKB seeks to track the performance of bitcoin. The Fund maintains exposure to “spot” bitcoin.

CETH seeks to track the performance of ether. The Fund maintains exposure to “spot” ether.

Disclosure

The Trust is not an investment company registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trust are not subject to the same regulatory requirements as mutual funds. Please scroll down for additional disclosures. CETH is not suitable for all investors. An investment in CETH is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment.

Disclaimer

The Trust is not an investment company registered under the Investment Company Act of 1940 or a commodity pool for purposes of the Commodity Exchange Act. Shares of the Trust are not subject to the same regulatory requirements as mutual funds. Please scroll down for additional disclosures. CETH is not suitable for all investors. An investment in CETH is subject to a high degree of risk, has the potential for significant volatility, and could result in significant or complete loss of investment.

Benefits

Infrastructure for Innovation

As the leading general-purpose blockchain, ethereum is the foundation for decentralized applications (Dapps), which deliver critical services that power the economy without relying on outdated infrastructure. Just as the internet made existing businesses better while enabling entirely new business concepts, ethereum offers a platform for entrepreneurial creativity. This has allowed ether (ETH) to grow to the second largest* digital asset by market cap.

*Source: CoinMarketCap - Data as of 1st May 2024

Growth Potential

Encompass a wider range of opportunities. The ethereum network enables new avenues for entrepreneurial activity and has the potential to capture the next generation of emerging growth.

Familiar Vehicle for Exposure

Gain access to the leading digital assets through a familiar investment vehicle without having to master arcane details of how to trade or store it.

Registered Exposure to Ether

CETH provides registered exposure to ether which is kept in cold storage* by one of the largest digital asset custodians, offering greater protection against online threats than custody options available to individual investors.

* Bitcoin cold storage refers to the practice of keeping bitcoins in secure offline environments to safeguard them from potential online threats of hacking and theft. Cold storage provides vital protection for both long-term holders and investors against the numerous risks posed by malicious actors online. By keeping bitcoin holdings entirely offline or "in cold storage", users limit potential attack vectors that could compromise funds.

* Ether cold storage refers to the practice of keeping ether in offline environments to safeguard them from potential online threats of hacking and theft. Cold storage provides vital protection for both long-term holders and investors against the numerous risks posed by malicious actors online. By keeping ether holdings entirely offline or "in cold storage", users limit potential attack vectors that could compromise funds.

Key Information

Name
21Shares Core Ethereum ETF
Type
Digital Asset ETF
Primary Exchange
Cboe BZX Exchange, Inc.
Inception Date
Jul 22, 2024
Sponsor
21Shares US LLC
Sub Advisor
Ark Investment Management LLC
Fund Custodian
Anchorage Digital Bank N.A., BitGo New York Trust Company LLC, Coinbase Custody Trust Company LLC
Marketing Agent
Foreside Global Services LLC
AUM
$
26,959,368.50
Securities Outstanding
1730000
NAV per Unit
$
15.58
Net Assets
$
26,959,368.50
Sales Services
Resolute Investment Distributors, Inc.
-
Fee
0.00
0.21
%

Ticker Symbols

Ticker
CETH
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Valor
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ISIN
US04071F1021
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Cusip
04071F102
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Cusip
409191022
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WKN
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iNAV
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Fees

Expense Ratio
Management Fee
*
0.21%
Fee Waiver
0.21%
Total Annual Fund Operating Expenses
0.00
0.21
%
* 21Shares LLC ("The Sponsor") will waive its entire management fee for the Fund until 23 January 2025 or until assets reach $500 million, whichever occurs first.

Holdings

As of
Nov 19, 2024
Download CSV
Download CSV
Name
-
Ticker
-
Shares
-
Price
-
Market Value
-
Weight
-
Holdings are subject to change without notice

Performance

All
7d
1m
3m
ytd
1y
Year
NAV and Market Price
NAV
$
-
NAV Change
-
Median Bid/Ask Spread (30 Day)
0.08
%
Market Price
-
Market Price Change
-

Cumulative Performance

As of
June 30, 2024
Period
1 Month
3 Months
YTD
Since inception
NAV:
-
%
-
%
-
%
-
%
Market Price:
-
%
-
%
-
%
-
%
As of
November 19, 2024
Period
1 month
3 months
ytd
Since Inception
NAV:
16.54
%
18.02
%
-10.54
%
-10.54
%
Market Price:
-
%
-
%
-
%
-
%

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal will fluctuate so that an investor’s shares when redeemed may be worth more or less than the original cost. Extraordinary performance is attributable in part due to unusually favorable market conditions and may not be repeated or consistently achieved in the future. The Fund’s most recent month-end performance can be found in the fund documents section. Returns for less than one year are not annualized.

Net asset value (“NAV”) returns are based on the dollar value of a single share of the ETF, calculated using the value of the underlying assets of the ETF minus its liabilities, divided by the number of shares outstanding. The NAV of Shares is calculated each business day as of the close of regular trading on the Cboe BZX Exchange, Inc. (“Cboe), generally 4:00 pm Eastern time on each business day the Cboe BZX Exchange, Inc is open for trading. Market returns are based on the trade price at which shares are bought and sold on the Cboe BZX Exvhange, Inc. using the last share trade. Market performance does not represent the returns you would receive if you traded shares at other times. Total Return reflects the reinvestment of distributions on ex-date for NAV returns and payment date for Market Price returns. The market price of the ETF’s shares may differ significantly from their NAV during periods of market volatility.

Premium/Discount

NAV
$
-
4PM Mid-Point
$
-
Difference
-
Premium/Discount
-
q1 2024
q2 2024
q3 2024
Historical Data
Greatest Premium
-
Greatest Discount
-
Number of Days At
Premium:
-
NAV:
-
Discount:
-
Days within percentage of NAV
Percent Of Days ± 0.5% Of NAV:
-
Number Of Days ± 0.5% Of NAV:
-

The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

Why 21Shares

01

Innovative Products

Unlock the future of investment with the world's first and largest range of crypto ETPs, enhancing the security and accessibility of digital asset investment.

02

Trusted Expertise

Invest with confidence as you explore the crypto space with our team of blockchain and financial industry experts, providing valuable market insights and ensuring compliance throughout your investment journey.

03

Unmatched Accessibility

Experience broad access to the crypto markets through our extensive product range, offering seamless trading on global exchanges and brokers.

Underlying Assets

As of
Nov 19, 2024
Currency
Allocation
Coin entitlement
Reference Price
Bitcoin
61.92%
0.0000045674
32455.09
LBMA Gold Price