iShares Ethereum Trust ETF USD Price

iShares Ethereum Trust (ETHA) is BlackRock’s spot Ether ETF. Unlike futures ETFs, which invest in Ethereum futures contracts, the BlackRock Spot Ether ETF directly holds Ethereum. The fund aims to provide investors with direct exposure to the price movements of Ethereum, mirroring its market value without the complexities associated with futures contracts. As a result, the performance of this ETF closely tracks the spot price of Ethereum, making it a straightforward option for those looking to invest directly in the cryptocurrency. The fund will reportedly incur a 0.25% fee, and the ETF's digital asset custodian is Coinbase Custody Trust LLC.