Complete Filing Data
VanEck Ethereum ETF reported Net Asset Value Per Share of 43 shares for FY2025.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean VanEck Ethereum ETF did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 |
|---|---|
| Operating Expenses | $334.7K |
| Crypto Asset Unrealized Gain Loss Operating And Nonoperating | -$34.1M |
| Crypto Asset Realized Gain Loss Operating And Nonoperating | $508.7K |
| Crypto Asset Realized And Unrealized Gain Operating And Nonoperating | |
| Net Income Loss | -$33.8M |
| Income Loss From Continuing Operations | |
| Crypto Asset Realized And Unrealized Gain Loss Operating And Nonoperating | -$33.6M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|
| Operating Expenses | $115.9K | $50.1K | $60.9K | $21.6K | |
| Crypto Asset Unrealized Gain Loss Operating And Nonoperating | $76.8M | $32.5M | -$10.8M | $234.6K | |
| Crypto Asset Realized Gain Loss Operating And Nonoperating | $9.5M | -$4.6M | -$1.8M | ||
| Crypto Asset Realized And Unrealized Gain Operating And Nonoperating | $86.3M | $27.9M | -$12.7M | $234.6K | |
| Net Income Loss | |||||
| Income Loss From Continuing Operations | -$12.7M | $234.6K | |||
| Crypto Asset Realized And Unrealized Gain Loss Operating And Nonoperating |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Assets Net | $157.6M | $146.4M |
| Investments | $157.6M | $146.4M |
| Investment Owned Percent Of Net Assets | $1.00 | $1.00 |
| Assets | $171.7M | $146.4M |
| Common Stock No Par Value | $0.00 | $0.00 |
| Unrealized Gain Loss On Investments | ||
| Percent Of Net Assets | ||
| Net Assetsof Percentage | ||
| Liabilities | $14.1M | $0.00 |
| Gain Loss On Investments | ||
| Accrued Sponsor Fee | $29.5K | $0.00 |
| Receivable Investment Sale | $14.1M | $0.00 |
| Payable Common Stock Redeemed | $14.1M | $0.00 |
| Non Investment Assets Less Non Investment Liabilities Percent Of Net Assets | -$0.00 | $0.00 |
| Non Investment Assets Less Non Investment Liabilities | -$29.5K | $0.00 |
| Net Increasedecrease In Net Assets | ||
| Net Assets Percentage Of Net Assets Value | 100.0% | 100.0% |
| Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss | $157.6M | $146.4M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Assets Net | $265.9M | $118.3M | $84.7M | $63.8M | $10.2M | |
| Investments | $266.0M | $118.3M | $84.7M | $63.8M | $10.2M | |
| Investment Owned Percent Of Net Assets | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | |
| Assets | $266.0M | $118.3M | $84.7M | $63.8M | $10.2M | |
| Common Stock No Par Value | $0.00 | $0.00 | $0.00 | |||
| Unrealized Gain Loss On Investments | -$68.3M | -$10.8M | $234.6K | |||
| Percent Of Net Assets | $1.00 | $1.00 | $1.00 | |||
| Net Assetsof Percentage | 100.0% | 100.0% | ||||
| Liabilities | $43.8K | |||||
| Gain Loss On Investments | -$1.2M | -$1.8M | ||||
| Accrued Sponsor Fee | $43.8K | |||||
| Receivable Investment Sale | ||||||
| Payable Common Stock Redeemed | ||||||
| Non Investment Assets Less Non Investment Liabilities Percent Of Net Assets | ||||||
| Non Investment Assets Less Non Investment Liabilities | ||||||
| Net Increasedecrease In Net Assets | -$53.6M | -$10.2M | ||||
| Net Assets Percentage Of Net Assets Value | ||||||
| Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 |
|---|---|
| Proceeds From Contributed Capital | |
| Proceeds From Capital Withdrawals | |
| Increase Decrease In Operating Capital | $11.2M |
| Increase Decrease In Operating Assets |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|
| Proceeds From Contributed Capital | -$101.2M | -$10.2M | -$10.0M | -$75.7M | -$10.1M |
| Proceeds From Capital Withdrawals | $39.8M | $4.4M | $2.2M | $9.4M | $100.0K |
| Increase Decrease In Operating Capital | -$147.6M | -$33.7M | $61.8M | -$53.6M | -$10.2M |
| Increase Decrease In Operating Assets | $86.2M | $27.9M | -$69.5M | -$12.7M | $234.6K |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Net Asset Value Per Share | $43.47 | $48.81 |
| Common Stock Shares Outstanding | ||
| Common Stock Shares Issued | ||
| Shares Outstanding | 3.6M | 3.0M |
| Shares Issued | 3.6M | 3.0M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Net Asset Value Per Share | $60.44 | $36.41 | $26.88 | $38.10 | $51.17 | |
| Common Stock Shares Outstanding | 4.4M | 3.3M | 3.2M | 3.0M | 1.7M | 200.0K |
| Common Stock Shares Issued | 4.4M | 3.3M | 3.2M | 3.0M | 1.7M | 200.0K |
| Shares Outstanding | ||||||
| Shares Issued |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2025 | FY2024 |
|---|---|---|
| Sponsor Fees | $334.7K | |
| Investment Owned At Cost | $181.5M | $136.2M |
| Total Capital Share Transactions | ||
| Ether Sold For Redemption Of Shares | ||
| Investment Owned At Fair Value | ||
| Investment Company Expense Offset Arrangement | $129.4K | |
| Net Realized Gainloss And Unrealized Appreciationdepreciation | ||
| Net Investment Income | -$205.4K | |
| Net Change In Unrealized Appreciation On Investment In Ether | ||
| Investment Company Expense After Reduction Of Fee Waiver And Reimbursement | $205.4K | |
| Crypto Asset Number Of Units Decimal | ||
| Realized Investment Gains Losses | ||
| Quantity Of Ether | $43.9K | |
| Crypto Asset Number Of Units Held | $53.0K | $43.9K |
| Crypto Asset Fair Value | $157.6M | $146.4M |
| Stock Repurchased And Retired During Period Value | $127.1M | |
| Stock Issued During Period Value New Issues | $172.0M | |
| Sponsor Fee Waiver | ||
| Net Realized Gain Loss On Ether Sold For Redemption Of Shares | 492.1K | |
| Net Realized Gain Loss On Ether Distributed For Sponsor Fee Related Party | $16.6K | |
| Investment Company Increase Decrease From Share Transaction | $44.9M | |
| Ether Distributed For Sponsor Fee Related Party | ||
| Crypto Asset Cost | $181.5M | $136.2M |
Quarterly (10-Q, single quarters)
| Metric \ Quarter | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Sponsor Fees | $115.9K | $50.1K | $60.9K | $21.6K | ||
| Investment Owned At Cost | $214.8M | $144.0M | $142.8M | $74.4M | $10.0M | |
| Total Capital Share Transactions | -$61.4M | -$5.8M | -$7.8M | -$66.2M | -$10.0M | |
| Ether Sold For Redemption Of Shares | -9.5M | 4.6M | 1.2M | 1.8M | ||
| Investment Owned At Fair Value | $118.3M | $84.7M | $146.4M | $63.8M | $10.2M | |
| Investment Company Expense Offset Arrangement | $18.4K | $50.1K | $21.6K | |||
| Net Realized Gainloss And Unrealized Appreciationdepreciation | -$69.5M | -$12.7M | $234.6K | |||
| Net Investment Income | -$97.5K | |||||
| Net Change In Unrealized Appreciation On Investment In Ether | -$68.3M | -$10.8M | $234.6K | |||
| Investment Company Expense After Reduction Of Fee Waiver And Reimbursement | $97.5K | |||||
| Crypto Asset Number Of Units Decimal | $47.6K | $46.1K | $43.9K | |||
| Realized Investment Gains Losses | -$1.2M | -$1.8M | ||||
| Quantity Of Ether | $24.5K | $2.9K | ||||
| Crypto Asset Number Of Units Held | ||||||
| Crypto Asset Fair Value | ||||||
| Stock Repurchased And Retired During Period Value | ||||||
| Stock Issued During Period Value New Issues | ||||||
| Sponsor Fee Waiver | $60.9K | |||||
| Net Realized Gain Loss On Ether Sold For Redemption Of Shares | ||||||
| Net Realized Gain Loss On Ether Distributed For Sponsor Fee Related Party | ||||||
| Investment Company Increase Decrease From Share Transaction | ||||||
| Ether Distributed For Sponsor Fee Related Party | -$12.4K | |||||
| Crypto Asset Cost |
Most recent annual filing with the SEC: March 30, 2026
Data sourced from SEC EDGAR public filings as of August 4, 2026.