5 Best Spot Ethereum ETFs in the US (2025 Updated)

Finding the best spot Ethereum ETFs in the US has been a challenge for many crypto investors. Up until now, investors only had futures-based options, which didn’t give real exposure to Ethereum itself. But things started to change when the SEC approved spot Bitcoin ETFs in early 2025. Not long after, in July, spot Ethereum ETFs finally got the green light, making it much easier to invest in Ethereum without actually holding the cryptocurrency.

If you’ve been waiting for a simple way to invest in Ethereum through a regular stock exchange, this post will help you explore the best spot Ethereum ETFs available right now.

What are Spot Ethereum ETFs?

Spot Ethereum ETFs are a super easy way to invest in Ethereum without actually having to buy and store the cryptocurrency yourself. Instead of dealing with the hassle of holding Ethereum, you can just buy shares in a spot ETF. The ETF holds real Ethereum, so the price of the shares closely matches the price of Ethereum.

This is different from futures-based ETFs, which only track what Ethereum might be worth in the future by investing in futures contracts instead of the actual ETH tokens. Spot ETFs give you a much more direct way to invest in Ethereum and keep things simple by letting you buy and sell through regular stock exchanges.

Check out our in-depth crypto ETFs guide to learn more.

When spot Ethereum ETFs launched on July 23, 2024, they had a big first day. The total trading volume hit $1.07 billion, with Grayscale’s Ethereum Trust leading the way with $450 million in trades. While it didn’t hit the same numbers as the Bitcoin ETF launch earlier in the year, it was still a strong debut for Ethereum.

How to Choose the Best Spot Crypto ETFs in the US?

When picking the best spot Ethereum ETFs, there are three important factors to keep in mind: fees, fund size, and the provider’s reputation.

Fees: Start by checking out the management fees, also known as the expense ratio. Lower fees mean you keep more of your money invested, which can boost your returns over time. For example, if two ETFs have similar exposure to Ethereum but one charges 0.20% and the other charges 1.5%, going with the lower fee could save you a lot in the long run.

Fund Size: Bigger funds are usually more stable and easier to trade. Look for ETFs with assets under management (AUM) of at least $200-$300 million and a daily trading volume of over 100,000 shares. This ensures you’ll be able to buy and sell without worrying about big price swings or liquidity issues.

Reputation: Lastly, pay attention to the reputation of the provider. Well-established companies with a solid history of managing similar funds are more likely to offer reliable and secure Ethereum ETFs. It’s like choosing a trusted brand over a lesser-known one—experience and reliability are key, especially in the volatile world of crypto.

Here are the 5 Best Spot Ethereum ETFs of 2025 – 

1. Grayscale Ethereum Mini Trust (ETH)

best spot Ethereum ETFs - Grayscale Ethereum Mini Trust (ETH)

The Grayscale Ethereum Mini Trust is one of the best spot Ethereum ETFs, arguably THE best, for retail investors looking to get in on Ethereum without breaking the bank. As of now, the price per share is just $2.32, making it much more affordable compared to its bigger sibling, the Grayscale Ethereum Trust (ETHE). With over $900 million in assets under management and more than 12 million shares traded daily, it’s a pretty active and stable option for those dipping their toes into the Ethereum market.

What makes this trust especially appealing is its low sponsor fee of just 0.15%, which is one of the lowest among Ethereum ETFs. Moreover, Grayscale, the company behind it, has been around for over a decade. They are well-known in the crypto space for making it easy for traditional investors to invest in digital assets. 

2. iShares Ethereum Trust ETF (ETHA)

best spot Ethereum ETFs - iShares Ethereum Trust ETF (ETHA)

The iShares Ethereum Trust ETF (ETHA) is another strong contender among the best spot Ethereum ETFs. With a net asset value (NAV) of $18.53 per share and over $800 million in assets under management, it’s a solid option for those looking to invest in Ethereum. Plus, the daily trading volume is more than 1.8 million shares, so it’s quite liquid and easy to trade.

One thing to note is the sponsor’s fee of 0.25%, which is slightly higher than some other options but still reasonable for an ETF of this size. iShares is backed by BlackRock, one of the largest and most reputable asset management companies in the world, so you’re investing with a trusted name that knows how to handle crypto funds.

If you’re looking for a reliable way to get exposure to Ethereum, ETHA is definitely worth considering.

3. Grayscale Ethereum Trust (ETHE)

Grayscale Ethereum Trust (ETHE)

The Grayscale Ethereum Trust (ETHE) is one of the most well-known options among the best spot Ethereum ETFs. With a market price of $20.71 per share and more than $4 billion in assets under management, it’s a massive player in the Ethereum ETF space. It also sees strong daily activity, with over 3 million shares traded every day, making it easy to buy and sell.

However, the expense ratio is on the higher side at 2.5%, which is something to keep in mind if you’re trying to minimize fees. Compared to the Grayscale Ethereum Mini Trust (ETH), which offers a lower price per share and smaller fees, ETHE might be better suited for larger investors looking for more significant exposure to Ethereum.

4. Bitwise Ethereum ETF (ETHW)

Bitwise Ethereum ETF (ETHW)

The Bitwise Ethereum ETF (ETHW) is a solid option among the best spot Ethereum ETFs, especially for those looking for a lower-cost choice. With a market price of $17.55 per share and more than $200 million in assets under management, it’s a smaller fund compared to some of the giants, but still offers reliable exposure to Ethereum. Its daily trading volume is over 160,000 shares, so while it’s less active than some others, there’s still enough liquidity for easy trading.

The sponsor fee is a reasonable 0.20%, making ETHW a cost-effective option if you’re focused on keeping fees low. Bitwise, known for its crypto expertise, has a strong track record in managing digital asset funds, which makes this ETF a dependable choice for investors wanting to get into Ethereum without too many extra costs.

5. Fidelity Ethereum Fund (FETH)

Fidelity Ethereum Fund (FETH)

The Fidelity Ethereum Fund (FETH) is definitely one of the best spot Ethereum ETFs to consider, especially if you’re looking for a solid, well-known brand. With a market price of $24.54 per share and more than $250 million in assets under management, it offers a stable option for Ethereum exposure. The daily trading volume of over 400,000 shares makes it liquid enough for easy buying and selling.

One standout feature of FETH is the gross expense ratio of 0.25%. Fidelity’s reputation in the financial world is unmatched, and their entry into the Ethereum space adds even more credibility to the crypto market.

FAQ

Which spot Ethereum ETFs got approved?

Several spot Ethereum ETFs were approved in 2024, giving investors more options to invest in Ethereum easily. Some of the top approved ETFs include:

  • 21Shares Core Ethereum ETF (CETH)
  • Bitwise Ethereum ETF (ETHW)
  • Fidelity Ethereum Fund (FETH)
  • Franklin Ethereum Trust (EZET)
  • Invesco Galaxy Ethereum ETF (QETH)
  • iShares Ethereum Trust ETF (ETHA)
  • VanEck Ethereum ETF (ETHV)
  • Grayscale Ethereum Trust (ETHE)
  • Grayscale Ethereum Mini Trust (ETH)

To keep track of all the spot Ethereum ETFs, including their prices, trading volume, and more, you can check out an Ethereum ETF tracker for the latest updates.

Where to buy spot Ethereum ETFs?

You can buy spot Ethereum ETFs through most major brokerage platforms, just like you would with stocks. These include popular platforms like Fidelity, Charles Schwab, E*TRADE, TD Ameritrade, and Robinhood. The ETFs are listed on major stock exchanges, such as the NYSE, Nasdaq, and Cboe, so you can easily trade them during market hours.

If you’re already familiar with buying stocks or other ETFs, the process is the same. Just search for the specific Ethereum ETF you’re interested in, and you’ll be able to buy or sell shares directly through your brokerage account.

Which Ethereum ETF has the lowest fees?

Right now, the Grayscale Ethereum Mini Trust (ETH) offers the lowest fee among spot Ethereum ETFs, with a sponsor fee of just 0.15%. This makes it a great option for investors looking to keep costs low. Another low-cost option is the Bitwise Ethereum ETF (ETHW), which has a sponsor fee of 0.20%.

Should you invest in an Ethereum ETF?

Investing in an Ethereum ETF can be a smart choice if you want exposure to Ethereum without the hassle of managing the cryptocurrency yourself. ETFs are traded on regular stock exchanges, making them easier to buy and sell. Plus, they come with the added security of being regulated, so you don’t have to worry about things like wallets or private keys.

However, like any investment, there are risks. Ethereum’s price can be volatile, so it’s important to be aware that the value of your investment could go up or down. If you’re comfortable with the risks and want a simple way to invest in Ethereum, an ETF could be a good fit.