Grayscale is the leading Ethereum ETF
Unlike most mutual or exchange-traded funds, ETHE is not registered under the Investment Company Act of 1940 but rather operates outside its regulatory framework.
Grayscale Ethereum Mini Trust (ETH) strengthens Grayscale's position, complementing the role of ETHE.
While ETHE dominates the market, ETH aims to attract investors with a reduced fee structure for the first six months or until its net assets under management reaches $2 billion.
In addition, Grayscale Ethereum Mini Trust ranks second with 310,308 ETH, further strengthening Grayscale's market dominance.
BlackRock, the investment leader, is in third place with its ETHA ETF holding 79,699 ETH, indicating its strong presence in the Ethereum ETF market.
Bitwise's ETHW ETF holds 71,556 ETH, ranking fourth.
Bitwise is known for its comprehensive approach to cryptocurrency investments.
Fidelityâs FETH ETF ranks fifth, owning 41,550 ETH.
VanEck's ETHV ETF comes in sixth place with 8,055 ETH.
Other notable funds on the list include Franklin Templeton's EZET ETF, Invesco's QETH ETF, and 21Shares' CETH ETF.
