Invesco Galaxy Ethereum ETF (QETH)

The Invesco Galaxy Ethereum ETF (ticker QETH) is an exchange-traded product jointly offered by Invesco and Galaxy Digital that provides exposure to ether, the native cryptocurrency of the Ethereum blockchain. It began trading in July 2024 as one of the first U.S.-listed spot ether funds.

The trust holds ether directly, kept with a regulated digital-asset custodian, and seeks to reflect the price performance of ether, less the fund's expenses. Its value is determined by reference to a benchmark price for ether compiled from major trading venues.

The fund lets investors gain ether exposure through a conventional brokerage account without having to buy, store or secure the cryptocurrency themselves. It is structured as a grantor trust rather than a fund registered under the Investment Company Act of 1940.