The 21Shares Ethereum Staking ETF (TETH), formerly the 21Shares Core Ethereum ETF (CETH), holds ether and stakes part of its holdings. Its shares trade on Cboe BZX, giving investors Ethereum exposure through a brokerage account.
How TETH Works
The fund uses the FTSE Ethereum Index as its benchmark. Staking rewards are reduced by a 25% service fee, and the fund distributes net staking rewards in cash quarterly. Staking introduces validator, slashing and withdrawal-delay risks in addition to changes in the price of ether.
Fees and Shareholder Access
TETH’s ongoing annual sponsor fee is 0.21%. The sponsor has waived that fee through October 8, 2027. The sponsor-fee waiver does not remove the deduction from staking rewards or brokerage trading costs.
Retail investors trade shares rather than withdraw ether from the trust. Shares can trade above or below net asset value, and holding the fund does not provide control of an Ethereum wallet.
