Welcome to our dedicated page for Grayscale Ethereum Staking ETF SEC filings (Ticker: ETHE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Grayscale Ethereum Staking ETF filings document the trust structure, Ether holdings, NAV methodology, sponsor arrangements, and redemption mechanics for ETHE shares. Material-event reports describe the use of CoinDesk Ether reference rates, constituent digital asset trading platforms, delayed delivery orders, liquidity sleeves, Authorized Participants, Liquidity Providers, and Variable Fee mechanics.
The filings also cover governance and sponsor-related matters, including the completed internal reorganization affecting the sponsor’s managing-member structure, board and officer disclosures, trust name-change records, social-media communication policies, and risk-related disclosures for a staked digital asset ETF.
Grayscale Ethereum Staking ETF disclosed two key updates. First, the trust’s name is being changed from “Grayscale Ethereum Trust ETF” to “Grayscale Ethereum Staking ETF” via a Delaware Certificate of Amendment and a related amendment to the Trust Agreement, both effective at 12:01 a.m. New York City time on January 5, 2026. Shares are expected to keep trading on NYSE Arca under the symbol ETHE, and existing stock certificates remain valid.
Second, the sponsor announced a cash distribution of $9,397,326, to be paid on January 6, 2026, to shareholders of record as of 4:00 p.m. New York City time on January 5, 2026. The distribution reflects net U.S. dollar proceeds from staking consideration earned between October 6 and December 31, 2025, after deducting specified fees and shares owed to the sponsor, custodian and staking provider, and was converted to cash through a liquidity provider by reference to an index price on January 2, 2026.
Grayscale Ethereum Trust ETF reported that its sponsor, Grayscale Investments Sponsors, LLC, plans to change the fund’s name to Grayscale Ethereum Staking ETF, effective on or about January 5, 2026. The change will be reflected through an amendment to the existing Third Amended and Restated Declaration of Trust and Trust Agreement. Shares are expected to continue trading on NYSE Arca under the same ticker symbol, ETHE. Existing stock certificates remain valid and do not need to be exchanged, so the update functions as a rebranding rather than a change to how investors hold their shares.
Grayscale Ethereum Trust ETF reported a change to the pricing benchmark it uses for ether. CoinDesk Indices, Inc., which maintains the CoinDesk Ether Price Index (ETX) that underlies the Trust, added Bitstamp by Robinhood as a new digital asset trading platform in the index, effective December 21, 2025.
After this change, the index now reflects prices from Coinbase, Kraken, Crypto.com, LMAX Digital, Gemini, and Bitstamp. The index provider retains the ability to add or remove trading venues and conducts scheduled quarterly reviews to adjust the list of platforms based on its criteria, including minimum liquidity.
Grayscale Ethereum Trust ETF filed a current report to explain how it uses cashtags and third-party content on X (formerly Twitter). The sponsor, Grayscale Investments Sponsors, LLC, notes that when it uses a ticker symbol with a “$” sign, X automatically turns that cashtag into a link that leads to pages with market data, news, and commentary created by outside parties.
The report emphasizes that Grayscale does not control, endorse, or take responsibility for any information shown on those X-generated pages or on any linked third-party sites. That material is not authorized or verified by Grayscale and may differ from its official disclosures. Investors are directed to rely on SEC filings for accurate, up-to-date information about Grayscale and its investment products.
ETHE: A Form 144 notice discloses a proposed sale of 5,858 shares of Common stock with an aggregate market value of $159,465. The filer lists Capital Institutional Services, Inc. as broker and plans to sell on NYSE Arca with an approximate sale date of 11/06/2025.
The shares to be sold were acquired on 10/16/2020 in two privately negotiated transactions from the issuer for cash, in amounts of 3,564 and 2,294 shares. The filing notes 126,108,500 shares outstanding. The representation affirms no undisclosed material adverse information regarding the issuer’s operations.
Grayscale Ethereum Trust ETF reported Q3 2025 results reflecting Ether price appreciation and active share flows. Net assets were $4,425,198 thousand, and the Principal Market NAV per Share rose to $34.25. The Trust held 1,063,337.97367740 Ether at quarter-end, valued at $4,161.61 per Ether on the principal market.
Operations were driven by digital asset moves: net realized and unrealized gains totaled $1,867,260 thousand, offset by a Sponsor’s Fee of $27,199 thousand (annual rate 2.5%). The Trust issued 11.7 million shares ($381,050 thousand) and redeemed 18.63 million shares ($632,847 thousand), ending with 129,218,500 shares outstanding on September 30, 2025. As context, shares outstanding were 124,148,500 as of October 31, 2025.
Subsequent to quarter-end, the Trust began staking its Ether on October 6, 2025, and the Sponsor completed an internal management reorganization, which is not expected to have a material impact on Trust operations.
Grayscale Ethereum Trust ETF (ETHE) reported an internal corporate reorganization of its Sponsor’s parent entities. On October 22, 2025, Grayscale Investments, Inc. became the sole managing member of Grayscale Operating, LLC, which is the sole member of Grayscale Investments Sponsors, LLC, the Sponsor of the Trust.
DCG Grayscale Holdco, LLC elected a board of directors at Grayscale Investments consisting of Barry Silbert (Chairperson), Mark Shifke, Simon Koster, Peter Mintzberg and Edward McGee, the same members who oversaw the Sponsor through GSOIH prior to the reorganization. All involved entities remain consolidated subsidiaries of Digital Currency Group, Inc. The Trust does not expect any material impact on its operations from this change.
Grayscale Ethereum Trust ETF reported a governance update related to its sponsor’s parent entity. On October 13, 2025, GSO Intermediate Holdings Corporation (the sole managing member of Grayscale Operating, LLC and sole member of Grayscale Investments Sponsors, LLC) announced that Matthew Kummell stepped down from its Board of Directors and Simon Koster was appointed to the Board.
Mr. Koster is Chief Strategy Officer at Digital Currency Group, where he leads the investment team overseeing a portfolio of digital assets, subsidiaries, and more than 250 early-stage companies across 35+ nations. He previously held leadership roles in real estate at DCG, The Collective, and JDS Development Group. He serves on the boards of Foundry and Luno (since 2023), Fortitude (since 2024), and Yuma (since 2025), each affiliated with Grayscale.
Grayscale Ethereum Trust ETF entered into a new Fund Administration and Accounting Agreement with BNY Mellon Asset Servicing, a division of The Bank of New York Mellon, effective October 9, 2025. Under this agreement, BNY continues to provide the Trust with administrative and accounting services.
At the same time, the prior fund administration and accounting agreement between the Trust and BNY, dated February 26, 2024, was terminated as of October 9, 2025. The full text of the new agreement is filed as Exhibit 10.1 and incorporated by reference.
Grayscale Ethereum Trust ETF entered into a new Coinbase Prime Broker Agreement on October 3, 2025, setting updated terms for custodial and prime brokerage services for the Trust’s Ether through Coinbase, Coinbase Custody, and Coinbase Credit. This agreement replaces a prior prime broker agreement dated May 23, 2024, which was terminated as of the same date.
On October 6, 2025, the sponsor and Coinbase also signed a Staking Addendum that defines how the Trust’s Ether may be staked through the custodian and third-party staking providers. As of the date of the filing, the custodian’s fee, the staking provider’s share and the sponsor’s staking portion together equal 23% of the gross staking consideration, with the Trust receiving the remaining 77%. The Trust may distribute Ether or cash from staking to shareholders under a sponsor staking policy, and supplemental business and risk disclosures are provided in an attached exhibit.