Updated:
VanEck Ethereum ETF
VanEck Ethereum ETF: a spot Ethereum fund launched in 2024, one of the first US ETFs to hold ETH directly, with $1.2B in net assets.
VanEck Ethereum ETF
VanEck, an investment manager founded in 1955, brought its spot Ethereum ETF to market in 2024 as part of a broader push into digital assets. The firm originated from the Van Eck family's investment focus on gold and natural resources, later expanding into ETFs and alternative strategies. The Ethereum ETF is one of several crypto-related products VanEck offers. The fund passively holds spot Ethereum, tracking the MarketVector Ethereum Benchmark Rate. It competes with similar offerings from BlackRock, Fidelity, and Grayscale. VanEck charges a management fee of 0.20%, which it waived for the first year or until the fund reached $1.5B in assets, whichever came first (per SEC filings, 2024). The product trades on the Cboe BZX Exchange. VanEck reported $118.1B in assets under management as of March 2024 across its full fund lineup (per the firm's corporate website). The firm maintains offices in New York, Sydney, Frankfurt, and other global hubs. Jan van Eck serves as CEO; the firm operates under VanEck Associates Corporation. As of mid-2025, the Ethereum ETF had accumulated roughly $1.2B in net assets (per public ETF data). VanEck's structural differentiator is its longstanding track record in thematic and hard-asset investing: it launched the first US gold ETF in 1968 and has since built a reputation for commodity-focused strategies. The firm's crypto ETF division benefits from that history of navigating regulatory firsts.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Sector focus
Frequently asked questions
Who manages the VanEck Ethereum ETF?
The fund is managed by VanEck's ETF team, led by CEO Jan van Eck. Day-to-day portfolio management is handled by VanEck's quantitative and digital assets group, though no single named portfolio manager is publicly identified for this ETF.
How does the VanEck Ethereum ETF differ from a futures-based fund?
This ETF holds spot Ethereum directly, meaning it tracks the price of actual ETH rather than futures contracts. That eliminates roll costs and tracking errors associated with futures-based products. It also received SEC approval under a separate regulatory framework for spot commodity trusts.
What is the expense ratio of the VanEck Ethereum ETF?
The fund charges a 0.20% expense ratio, which was temporarily waived for the first 12 months or until $1.5B in assets were reached (per the prospectus, filed with the SEC in 2024).
Is VanEck's Ethereum ETF available outside the US?
The fund trades on the Cboe BZX Exchange in the United States. VanEck also lists similar products in Europe through its VanEck Europe division, but the US-listed ETHV is a separate fund. VanEck has not announced cross-listings.
What is VanEck's history with digital assets regulation?
VanEck has pursued crypto ETF approvals since at least 2017. The firm filed for a spot Bitcoin ETF multiple times before SEC rejections, and its 2024 Ethereum ETF approval came after the SEC approved spot Bitcoin ETFs in January 2024. VanEck also launched a Bitcoin futures ETF in 2023 (per SEC filings).
How much does VanEck manage in crypto-related funds?
VanEck does not separately disclose crypto-specific AUM. The Ethereum ETF had ~$1.2B in assets as of mid-2025. Combined with its Bitcoin futures ETF and other crypto-linked products, total digital assets under VanEck management are estimated in the low billions (per public data).
Does the fund stake the Ethereum it holds?
The fund does not stake its holdings. The prospectus explicitly states that VanEck will not engage in Ethereum staking for this ETF, meaning it forgoes the staking yield that individual ETH holders can earn. That decision was driven by regulatory uncertainty surrounding staking in ETF structures.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: