Here are the 10-Q quarterly reports from VanEck Ethereum ETF (ETHV) in our archive since June 2025, 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 ETHV 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 ETHV filings page.
VanEck Ethereum ETF (ETHV) reports that net assets fell from $157.6 million at December 31, 2025 to $77.8 million at June 30, 2026, driven mainly by a large decline in the price of ether (ETH). ETHV held 48,971.93 ETH with a fair value of $77.8 million and had 3,350,000 shares outstanding, implying a NAV per share of $23.23, down from $43.47 at year-end.
For the six months ended June 30, 2026, the trust recorded a 46.56% negative total return per share and a net decrease in net assets from operations of $(70.6) million, reflecting a 46.50% drop in ETH’s price plus realized losses on ETH sold for redemptions and fees. The unified Sponsor Fee is 0.20% of average daily net assets, and substantially all assets are concentrated in ETH, exposing shareholders to extreme digital-asset volatility, regulatory uncertainty, and technical risks related to forks, protocol changes, and evolving U.S. crypto regulation.
VanEck Ethereum ETF (ETHV) reported strong Q3 performance driven by ETH price gains. Net assets rose to $265,946,969 as of September 30, 2025, with NAV per share up to $60.44. The Trust held 64,424.51 ETH at a fair value of $265,990,778 and recorded a net increase from operations of $86,212,750, primarily from unrealized appreciation in ETH.
Share activity supported growth: 1,800,000 shares were created and 650,000 were redeemed in the quarter, ending with 4,400,000 shares outstanding. The Sponsor Fee is 0.20% of average daily net assets, with partial waivers reflected; net investment loss for the quarter was $97,492. ETH price rose from $2,486 to $4,129 during the quarter, aligning with the 66.00% NAV-per-share increase. The Trust emphasizes concentration and digital asset market risks, including volatility and market infrastructure limitations.