Key stats
About Invesco Galaxy Ethereum ETF
Home page
Inception date
Jul 23, 2024
Structure
Grantor Trust
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Tax on distributions
Ordinary income
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
QETH aims to track the spot price of ether (ETH), as measured using the Lukka Prime Ethereum Reference Rate, less expenses and liabilities. It intends to provide accessibility to ether without the complexities of acquiring, holding, and trading directly through a digital asset platform. The trust is backed by ether held in cold storage, which is a safeguarding method by which the private keys corresponding to the trusts ether are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily using the estimated fair market value price for ETH, reflecting its execution price on the principal market. Price is determined each day by evaluating ETH trading platforms across various criteria, including governance frameworks, trading volume, data transparency, and data integrity.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history