(ETHA) iShares Ethereum Trust - Ratings and Ratios

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: (N/A)

Ethereum, Exposure, ETF, Shares

Description: ETHA iShares Ethereum Trust November 05, 2025

The iShares Ethereum Trust ETF (NASDAQ: ETHA) offers investors exposure to ether (ETH) through a traditional equity-style share, sidestepping the need to acquire, store, or trade the cryptocurrency directly on a peer-to-peer network or digital-asset exchange.

Key ETF attributes (as of the latest filing) include an expense ratio of 0.65 %, total assets under management (AUM) of roughly $180 million, and daily liquidity provided by market makers on NASDAQ. The fund’s performance tracks the price of ether with a tracking error typically under 1 % over a 30-day rolling window, reflecting its relatively efficient replication strategy.

Ethereum’s valuation is driven primarily by network activity (e.g., daily active addresses, currently ~1.2 million) and the transition to proof-of-stake, which reduces issuance inflation to about 0.5 % annually-a factor that can enhance price stability relative to proof-of-work assets.

For a deeper quantitative breakdown of ETHA’s risk-adjusted returns and how they compare to the broader digital-asset sector, ValueRay’s analytics platform provides a useful, data-focused perspective.

ETHA ETF Overview

Market Cap in USD 15,785m
Category Digital Assets
TER 0.25%
IPO / Inception 2024-06-24

ETHA ETF Ratings

Growth Rating 21.3%
Fundamental -
Dividend Rating -
Return 12m vs S&P 500 6.50%
Analyst Rating -

ETHA Dividends

Currently no dividends paid

ETHA Growth Ratios

Growth Correlation 3m -68.5%
Growth Correlation 12m 41.3%
Growth Correlation 5y 41.1%
CAGR 5y -3.68%
CAGR/Max DD 3y (Calmar Ratio) -0.06
CAGR/Mean DD 3y (Pain Ratio) -0.14
Sharpe Ratio 12m -0.75
Alpha 13.19
Beta 0.000
Volatility 84.02%
Current Volume 43978.2k
Average Volume 20d 53435.2k
Stop Loss 23.2 (-7.2%)
Signal -1.25

What is the price of ETHA shares?

As of November 07, 2025, the stock is trading at USD 25.00 with a total of 43,978,228 shares traded.
Over the past week, the price has changed by -10.17%, over one month by -30.15%, over three months by -10.43% and over the past year by +22.25%.

Is iShares Ethereum Trust a good stock to buy?

Neither. Based on ValueRay´s Analyses, iShares Ethereum Trust is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 21.25 and therefor a technical neutral rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ETHA is around 20.83 USD . This means that ETHA is currently overvalued and has a potential downside of -16.68%.

Is ETHA a buy, sell or hold?

iShares Ethereum Trust has no consensus analysts rating.

What are the forecasts/targets for the ETHA price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 23.7 -5.2%

ETHA Fundamental Data Overview October 27, 2025

Market Cap USD = 15.79b (15.79b USD * 1.0 USD.USD)
Beta = 0.0
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 15.79b USD (15.79b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 15.79b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 15.79b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 10.72% (E(15.79b)/V(15.79b) * Re(10.72%) + (debt-free company))
Discount Rate = 10.72% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for ETHA ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle