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4 Best Ethereum ETFs to Buy in Q1 2025
An ETF can be the easiest and safest way to put your money into cryptocurrency but they are still relatively new. This guide shows you which Ethereum ETFs are available right now and why you should invest in them.
What are the top Ethereum ETFs to buy?
Copy link to sectionOur experts have ranked their favourite options in the table below. It’s worth noting that more are likely to spring up in the near future and we will regularly update the information below so you can be confident that these are the best ETFs on the market today. Scroll down to learn more about each one in detail.
| # | ETF symbol | ETF name | Learn more |
|---|---|---|---|
| 1 | ETHX | CI Galaxy Ethereum | Learn more > |
| 2 | ETHR | Evolve Ether ETF | Learn more > |
| 3 | ETHE | Grayscale Ethereum Trust | Learn more > |
| 4 | EFUT | VanEck Ethereum Strategy ETF |
1. CI Galaxy Ethereum (TSE: ETHX)
Copy link to section- Assets: C$573 million
- Expense ratio: 0.40%
- Year of inception: 2021
The CI Galaxy fund was one of the first Ethereum ETFs to be made available anywhere in the world. Like the next ETF, it trades on the Toronto stock exchange (the US authorities having failed to approve any crypto ETFs as yet). It was set up in April 2021 and has had a rollercoaster. The fund initially jumped in 2021 and then crashed in 2022 as most coins dropped. It then rebounded in 2023 as the sentiment in the crypto industry rebounded.
2. Evolve Ether ETF (TSE: ETHR)
Copy link to section- Assets: C$82 million
- Expense ratio: 0.75%
- Year of inception: 2021
The Evolve fund operates in much the same way as the CI Galaxy one. It only holds Ethereum and the price of the shares are based on a daily benchmark rate. The main difference is that it uses a different benchmark and that it is more expensive since it has an expense ratio of 0.75%.
This ETF only holds Ethereum and the price of its shares are based on the price of that cryptocurrency. It uses a benchmark rate that updates once every day as the guideline. ETFs like this can be used to speculate on day to day price changes, or as a long term investment if you think the price is going to rise significantly over time.
3. Grayscale Ethereum Fund (ETHE)
Copy link to section- Assets: $9.78 billion
- Expense ratio: 2.50%
- Year of inception: 2021
- 3-year performance: 52%
- Dividend yield: N/A
The Grayscale Ethereum Trust is the biggest Ethereum fund in the world with almost $10 billion in assets. It derives its value from investing in Ethereum and gives holders an opportunity to invest in it.
Grayscale has filed with the SEC to convert the fund into an Exchange Traded Fund as it did with its Bitcoin fund.
While this fund is in this list, we don’t recommend investing in it because of its fees, which are highly expensive. Instead, one can avoid paying these fees by investing in Ethereum directly.
4. VanEck Ethereum Strategy ETF
Copy link to section- Assets: $29.2 million
- Expense ratio: 0.66%
- Year of inception: 2023
- 3-year performance: N/A
- Dividend yield: 2.54%
The VanEck Ethereum Strategy ETF is another Ethereum ETF to consider. It is a fund similar to the ProShares Bitcoin Strategy ETF that invests in Ethereum futures contracts. Most of its holdings are in the CME Ether Futures with the rest of the funds being in US T-bills.
Where to buy the best Ethereum ETFs
Copy link to sectionIn order to buy Ethereum ETFs you need to sign up for an online broker. All of the options in the table below let you trade ETFs and you can create an account in seconds by clicking on the link next to the broker’s name.
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What is an Ethereum ETF?
Copy link to sectionAn exchange traded fund is a fund that trades on a stock exchange. That means you can buy shares in it at any time of day and its price rises and falls based on the performance of the assets that it owns. Ethereum ETFs own the cryptocurrency itself, and represent a way to invest in the coin through ‘normal’ financial channels.
Are Ethereum ETFs a good investment?
Copy link to sectionThey are if you want to get exposure to Ethereum but don’t want to have to worry about getting your own cryptocurrency wallet. ETFs are more regulated than cryptocurrency, so you have more protection by investing this way, and they’re much easier to use for beginners.
The drawback is that these are not like traditional ETFs. Normally, ETFs own a diverse range of assets and are ideal for a long term investment strategy. Ethereum ETFs, however, only own a single asset and an extremely volatile one at that. Rather than being a way to reduce your risk, they offer a way to safely invest in a very risky asset.
Overall, if you want to invest in Ethereum then an ETF is the easiest way to do it. Just remember that cryptocurrency prices can change dramatically over a short period of time and these funds don’t shield you from that. You can get started by signing up for a reliable broker for ETFs and searching for the ticker symbol for your chosen ETF.
Methodology: How we choose the best Ethereum ETFs
Copy link to sectionAt Invezz, we are dedicated to helping investors make informed decisions by providing authoritative, accessible, and engaging advice and recommendations. Our curated section of the best Exchange-Traded Funds (ETFs) is carefully selected by our team of experienced market analysts and reviewed by a sub-editor. This methodology outlines the rigorous process we follow to ensure our ETF recommendations are up-to-date, reliable, and insightful.
- Analyst research & recommendations: Our seasoned market analysts use their in-depth sector knowledge to identify ETFs with strong potential, ensuring they meet high standards of performance, liquidity, and market potential.
- ETF evaluation: We evaluate ETFs based on their underlying assets, historical performance, expense ratios, and tracking accuracy, alongside macroeconomic factors and sector trends.
- Fund performance reports: We assess ETFs through the latest performance reports, analyzing key metrics like returns, volatility, expense ratios, and assets under management (AUM).
- Sector analysis and external recommendations: Our detailed sector analysis, combined with recommendations from reputable sources like Barron’s and Zacks, provides an additional layer of validation for our selections.
- Quarterly review & refresh: We update our curated ETF list quarterly, re-evaluating each ETF based on the latest reports, industry developments, and market conditions to ensure our recommendations reflect the most current information available.
