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ETH Grayscale Ethereum Mini Trust ETF

New York Stock Exchange Arca · Asset Management · Financial Services

$17.93
-0.07 (-0.39%)

ETH aims to track the spot price of ether, less expenses and liabilities. It intends to provide accessibility to ether without the complexities of acquiring, holding, and trading directly through an ether spot market. ETH owns and passively holds actual ether through its custodian. It does not trade, buy, sell or hold ether derivatives, including ether futures. Holdings are valued daily based on t…

Market Cap: $2.00Betfs.grayscale.com/eth

Price (90d)

No price history yet — the daily price refresh runs once a day.

Signal Score (90d)

100
100
Aug 13Aug 13

Quote

Day Range
$17.77 – $18.00
52-Week Range
$14.53 – $45.78
Volume
$1.43M
Market Cap
$2.00B
50-Day Avg
$17.03
200-Day Avg
$22.50
Prev Close
$18.00
Open
$17.83

Valuation & Ratios

P/E Ratio
9.63
EPS
$1.56
P/B Ratio
0.82
P/S Ratio
0.66
Debt/Equity
0.26
Current Ratio
2.06
Dividend Yield
+0.0%
Gross Margin
+61.2%

Returns & Efficiency

Return on Equity
+8.5%
Return on Assets
+5.5%
FCF Yield
+13.6%
EV/EBITDA
9.58

Revenue & Net Income (Annual)

Fiscal YearRevenueNet IncomeEPS
2026$579.49M$39.88M$1.56
2025$614.65M$51.60M$2.01
2024$646.22M$63.82M$2.50
2023$791.38M$105.81M$4.13
2022$817.76M$103.28M$4.05

Social Signal Score

50
5d
50
1 mentions
30d
50
1 mentions
60d
50
1 mentions
90d
50
1 mentions
news: 1

Earnings

0of 1 quarters beat consensus

Typical surprise -31.3% (median, so one quarter with a near-zero estimate can't distort it)

  • Wed, Apr 29$0.23 vs $0.34miss

Estimates and results for ETH via Financial Modeling Prep. Beating consensus says the company cleared the bar analysts set, not that the business grew.

Valuation

Project earnings forward and see what return today's price implies.

Seeded from ETH's reported EPS growth of -21.2% a year over 4 years. Historical EPS growth of -21% would project the company towards zero. Floored at -15% as a starting point.

EPS in 5 years
$0.69
Implied price
$6.92
Return from $17.93
-17.3% a year

To earn 15.0% a year on these assumptions you'd need to buy at $3.44 -80.8% below today's price.

How sensitive is that answer?

Annual return across nearby assumptions. If the result is only attractive in one corner, that is the finding.

growth \ P/E68101214
-25.0%-34.2%-30.3%-27.1%-24.4%-22.0%
-20.0%-29.8%-25.6%-22.2%-19.3%-16.8%
-15.0%-25.4%-21.0%-17.3%-14.3%-11.6%
-10.0%-21.0%-16.3%-12.5%-9.2%-6.4%
-5.0%-16.6%-11.7%-7.6%-4.2%-1.2%

This is arithmetic on assumptions you chose, not a forecast or a recommendation. It ignores dividends, buybacks, share issuance and debt, and it assumes a company still earning money in 5 years. Change any input and the answer changes a lot — that sensitivity is the honest result, not a flaw in the model.

Mentions (1)

  • Newsglobenewswire.com·2d ago·Neutral

    Sharplink to Deploy $200M ETH Staking Allocation with Lido One of the world's largest corporate holders of ETH adds wstETH to its treasury to enhance DeFi yield Miami, FL, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET), one of the world's largest corporate holders of Ether ("ETH") and a prominent advocate of Ethereum adoption, today announced that it will stake $200M of ETH through Lido, the largest liquid staking protocol on Ethereum. Sharplink will receive wrapped staked ETH …

    View source ↗