iShares Ethereum Trust ETF (ETHA) Stock Price & Analysis
iShares Ethereum Trust ETF (ETHA) closed at USD 54.08 on Friday, October 23, 2026, up 0.37% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 53.88; the Oct 23, 2026 session ranged USD 53.73–54.63 on volume of 4,978,591 shares. Market capitalization is —, with a 52-week range of USD 34.58–96.15 (NGM). Source: Nexqual, retrieved October 24, 2026 at 03:52 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ETHA.md
Key facts (ETHA)
- Total return with dividends: 1Y -39.3% vs S&P 500 +13.4%; 5Y -27.5% vs S&P 500 +76.9%.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ETHA)
| USD | FY2024 | FY2025 | TTM |
|---|---|---|---|
| Operating income | -$889K | -$18.4M | — |
| Net income | $34.4M | -$2.32B | -$5.64B |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ETHA)
Total return (dividends reinvested) (ETHA)
| 1Y (from 2025-10-24) | 5Y (from 2024-07-22) | |
|---|---|---|
| Total return | -39.3% | -27.5% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -39.4% | -13.3% |
| Volatility (annualized) | 63.3% | 63.8% |
| Max drawdown | -63.0% (Oct 2025→Jun 2026) | -67.6% (Aug 2025→Jun 2026) |
ETHA suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Coinbase Global, Inc. (COIN) | “The insurance maintained by Coinbase Global is shared among all of Coinbase's customers, is not specific to the Trust or to customers holding ether with the Ether Custodian or the Prime Execution Agent and may not be available or sufficient to protect the Trust from all possible losses or sources of losses.” |
| Partner | BlackRock, Inc. (BLK) | “BlackRock aims to inform and continuously improve its cybersecurity program through engagement with regulatory, client, insurer, vendor, partner, peer, government and industry organizations and associations, as well as external audit, technology risk, information security and other assessments.” |
Quoted from the company's 10-K filed Feb 27, 2026.
ETHA options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 46.2% | ±5.2% |
| Nov 6, 2026 | 14 | 51.1% | ±8.0% |
| Nov 13, 2026 | 21 | 48.7% | ±9.4% |
| Nov 20, 2026 | 28 | 50.6% | ±11.2% |
| Nov 27, 2026 | 35 | 49.3% | ±12.2% |
| Dec 4, 2026 | 42 | 49.3% | ±13.4% |
| Dec 18, 2026 | 56 | 50.5% | ±15.9% |
| Jan 15, 2027 | 84 | 50.8% | ±19.5% |
30-day implied volatility 50.9% vs 42.8% realized over the last 30 trading days. Put/call ratio (volume) 1.83. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 24, 2026 at 03:52 UTC)
| Price | USD 54.08 |
|---|---|
| Change | ▲ 0.37% (up) |
| Previous Close | USD 53.88 |
| Open | USD 54.22 |
| Day Range | USD 53.73 – 54.63 |
| 52-Week Range | USD 34.58 – 96.15 |
| Volume | 4,978,591 shares |
| Market Cap | — |
| Exchange | NGM |
Technical Analysis (ETHA)
Nexqual's technical model rates ETHA "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 24, 2026 at 03:52 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 41.91 (neutral) |
| vs SMA50 | Below (USD 56.05) |
| MACD | -0.64 (negative) |
Financial Health Score (ETHA)
Nexqual rates iShares Ethereum Trust ETF's overall financial health "Mixed" across five dimensions, as of October 24, 2026 at 03:52 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Mixed — No data |
| Balance Sheet | Mixed — No data |
| Cash Flow | Weak — Operating cash flow -$8.90B (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — No data |
From iShares Ethereum Trust ETF's Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- The Prime Execution Agent, for itself or as agent for the Ether Custodian and Trade Credit Lender, may not terminate the Prime Execution Agent Agreement (including the Custodian Agreement) or suspend, restrict, terminate or modify the Prime Execution Agent Services (as defined below) on less than 180 days' notice, except in the event of (i) a Change in Law (defined below) or (ii) a Cause (as defined below) event.
Partnerships
- The Trust has entered into the Custodian Agreement with the Ether Custodian and the Anchorage Custodian Agreement with the Additional Ether Custodian.
- Although the Shares are not the exact equivalent of a direct investment in ether, they provide investors with an alternative method of achieving investment exposure to the price of ether through the securities market, which may be more familiar to them.
Legal & Regulatory Risks (Item 1A, quoted)
- The inconsistency in applying money transmitting licensure requirements to certain businesses may make it more difficult for these businesses to provide services, which may affect consumer adoption of ether and its price.
- The Sponsor may dissolve the Trust if the Sponsor determines ether is a security under the federal securities laws, whether that determination is initially made by the Sponsor itself, or because the SEC or a federal court subsequently makes that determination.
- The digital asset industry is relatively new and does not have the same access to policymakers and lobbying organizations in many jurisdictions compared to industries with which digital assets may be seen to compete, such as banking, payments and consumer finance.
- Regulatory changes or actions in foreign jurisdictions may affect the value of the Shares or restrict the use of one or more digital assets, validating activity or the operation of their networks or the digital asset platform market in a manner that adversely affects the value of the Shares.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| IBIT | iShares Bitcoin Trust ETF | USD 45.96 | ▼ 0.22% |
| BMNR | BitMine Immersion Technologies, | USD 22.4 | ▼ 0.44% |
| CRCL | Circle Internet Group, Inc. | USD 85.91 | ▼ 0.82% |
| FBTC | Fidelity Wise Origin Bitcoin Fu | USD 70.61 | ▼ 0.18% |
| SBET | SharpLink, Inc. | USD 7.63 | ▼ 2.93% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 03:52 UTC. This page is informational and not investment advice.
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