The Invesco Galaxy Ethereum ETF (QETH) is a spot Ethereum exchange-traded product listed on Cboe BZX. It holds ether and provides price exposure through brokerage shares.
How QETH Works
QETH uses the Lukka Prime Ethereum Reference Rate as its benchmark. It does not stake its ether. Retail investors buy and sell shares on the exchange, while the trust manages the underlying holdings and custody arrangements.
Fees and Risks
QETH charges an annual sponsor fee of 0.25%. Brokerage commissions and the bid/ask spread can add to trading costs. The annual fee is deducted from fund assets and is separate from those transaction costs.
Shareholders cannot withdraw the fund’s ether to a personal wallet. Investors remain exposed to changes in the price of ether and custody risks, and the market price of QETH shares can differ from net asset value.
