Every 10-Q that iShares Ethereum Trust ETF (ETHA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ETHA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ETHA filings page.
iShares Ethereum Trust ETF reports a sharp contraction in assets driven by ether price declines and net redemptions. Net assets fell from $10.30 billion at December 31, 2025 to $4.29 billion at June 30, 2026, while ether holdings decreased from 3,467,229 to 2,695,456 ether.
Financial Statement NAV per share dropped from $22.46 to $12.02, a 46.48% six‑month decline, closely tracking a 46.39% fall in the ether price from $2,971.55 to $1,593.01. The Trust recorded a $4.50 billion net decrease in net assets from operations for the six months, driven by $2.47 billion in unrealized losses and $2.02 billion in realized losses on ether.
Shares outstanding declined from 458.72 million to 357.12 million as 132.04 million shares were created and 233.64 million redeemed. The Sponsor’s fee was $8.84 million for the period, equal to an annualized 0.25% of average net assets; it remains the Trust’s only ordinary expense as the Sponsor absorbs most administrative costs. Management highlights continued extreme ether volatility and evolving global regulatory and technological risks around Ethereum, forks and U.S. policy.
iShares Ethereum Trust ETF reported a sharp decline in value for the quarter ended March 31, 2026, driven by the drop in ether prices. Net assets fell from $10,300,756,520 to $6,378,405,156, while ether decreased 29.27% from $2,971.55 to $2,101.84.
Net asset value per share dropped from $22.46 to $15.87, a 29.34% total return loss at NAV. The Trust recorded a net decrease in net assets from operations of $2,996,490,501, mainly from realized and unrealized losses on ether. Shares outstanding declined as 131,520,000 Shares were redeemed and 74,680,000 were created.
The Sponsor’s fee was $4,969,537 for the quarter, accrued at a 0.25% annualized rate with no fee waiver. The filing also highlights regulatory risks around how ether is classified, noting a 2026 SEC interpretive release describing ether as a “digital commodity,” while acknowledging future legal or regulatory changes could still affect ether and the Trust.
iShares Ethereum Trust ETF reported Q3 2025 results reflecting ether price gains and strong share creation. Net assets were $15,870,778,522 with 508,080,000 shares outstanding and a NAV per share of $31.24 at September 30, 2025. The Trust held 3,842,823 ether at fair value of $15,874,086,142.
For the quarter, the Trust recorded a net increase from operations of $3,556,795,972, driven by $3,236,696,155 in unrealized gains and $327,812,749 in net realized gains, offset by $7,712,932 in Sponsor’s fees. Total return at NAV was 66.08%. Capital activity added scale: contributions for shares issued were $9,717,095,182 and redemptions were $1,798,908,440 during the quarter.
Regulatory updates enabled operational flexibility: on July 29 and 31, 2025, actions allowed the Trust to create and redeem shares in-kind with authorized participants, aligning share flows with ether holdings more tightly.