Every 424B that iShares Ethereum Trust ETF (ETHA) has filed with the SEC in the last 12 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 424B covers the supplement that carries the terms of a priced offering, 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 (ETHA) effected a one-for-three reverse split effective October 6, 2026, combining each three Shares outstanding as of October 5, 2026 into one Share. No fractional Shares were issued; each shareholder’s proportional fractional Share interest was redeemed, with proceeds paid to the shareholder’s brokerage account of record. The split proportionately decreased Shares outstanding and did not change the aggregate value of the Trust’s assets, except to the extent fractional interests were redeemed for cash.
iShares Ethereum Trust ETF is a Delaware statutory trust designed to track the price of ether by holding ether with institutional custodians. Shares represent fractional undivided interests in the Trust’s net assets and trade on NASDAQ under ticker ETHA.
The Trust issues and redeems only in 40,000‑Share Baskets in exchange for ether or cash through Authorized Participants; individual Shares trade in the secondary market and are not redeemable directly. As of July 22, 2026, net asset value was $5,549,878,800, and NAV per Share was $14.53.
The Trust is a passive vehicle: it does not use leverage or derivatives, does not lend or rehypothecate assets (other than limited Trade Credit collateral), and explicitly will not stake ether or pursue staking rewards, so returns can differ from directly holding ether with staking. Ether is primarily held in segregated cold storage at Coinbase Custody, with a separate Trading Balance used for creations, redemptions, and fee sales, and Anchorage available as an additional custodian.
The Trust is registered as an emerging growth company and is not an investment company under the Investment Company Act and not a commodity pool under the CEA. The prospectus details extensive risk factors including extreme ether price volatility, evolving digital‑asset regulation, Ethereum protocol and scalability risks, potential network attacks, concentration of ether ownership, and the abandonment of Incidental Rights from forks and airdrops, all of which can materially affect Share value.
iShares Ethereum Trust ETF issued a prospectus supplement updating its plan of distribution to address how the prospectus may be used in the Abu Dhabi Global Market (ADGM). The document states that the prospectus may only be distributed in or from the ADGM to persons who meet the “Professional Client” criteria under the Financial Services Regulatory Authority (FSRA) conduct of business rules and is not directed to anyone considered a “Retail Client” there. It also clarifies that the Trust is not regulated or approved by the FSRA, and that the FSRA has not reviewed or verified the prospectus or related documents. The supplement notes that Shares may be illiquid or subject to resale restrictions for Professional Clients in the ADGM and reminds potential investors to perform their own due diligence and, if needed, consult a personal financial advisor.