TETH
21Shares Ethereum ETF
📎 Investment Objective
The 21Shares Ethereum ETF (TETH) seeks to provide investors with exposure to the price performance of Ethereum, the second-largest cryptocurrency by market capitalization.
Overview
ETF tracking 21Shares Ethereum ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The 21Shares Ethereum ETF (TETH) seeks to provide investors with exposure to the price performance of Ethereum, the second-largest cryptocurrency by market capitalization.
🎯 Investment Strategy
The ETF aims to achieve its objective by investing directly in Ethereum, holding the cryptocurrency in secure digital wallets. The fund's net asset value (NAV) is designed to track the Ethereum reference rate, providing investors with a convenient way to gain exposure to Ethereum without the need to hold the cryptocurrency directly.
✨ Key Features
- Provides direct exposure to Ethereum, the second-largest cryptocurrency
- Tracks the Ethereum reference rate to reflect the performance of the underlying asset
- Offers a convenient and secure way for investors to gain exposure to Ethereum
- Managed by 21Shares, a leading provider of cryptocurrency-based ETPs
⚠️ Primary Risks
- Cryptocurrency market risk: The value of Ethereum and other cryptocurrencies can be highly volatile and subject to significant price fluctuations
- Regulatory risk: Cryptocurrencies and related products are subject to evolving regulatory environments, which could impact the fund's operations
- Liquidity risk: The cryptocurrency market may experience periods of low trading volume, which could affect the fund's ability to buy or sell Ethereum at desired prices
- Custody and security risk: The fund's Ethereum holdings are subject to the risk of loss, theft, or destruction due to cyber attacks or other security breaches
👤 Best For
The 21Shares Ethereum ETF may be suitable for investors seeking exposure to the Ethereum cryptocurrency as part of a diversified investment portfolio. Investors should have a high risk tolerance and understand the volatile nature of the cryptocurrency market.