QETH

Invesco Galaxy Ethereum ETF

$31.27
+0.00%
Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Invesco Galaxy Ethereum ETF (QETH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Galaxy Ethereum Index.

Overview

ETF tracking Invesco Galaxy Ethereum ETF

Category Crypto
Issuer Invesco
Inception Date 2024-07-23
Market Cap N/A
Average Volume N/A
Dividend Yield N/A
52-Week Range $14.59 - $48.26
VWAP $31.76

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco Galaxy Ethereum ETF (QETH) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Galaxy Ethereum Index.

🎯 Investment Strategy

The ETF invests primarily in Ethereum, the second-largest cryptocurrency by market capitalization, with the goal of tracking the performance of the underlying index. The fund uses a passive management approach, investing directly in Ethereum held in secure digital wallets.

✨ Key Features

  • Provides exposure to Ethereum, the second-largest cryptocurrency
  • Passively tracks the performance of the Galaxy Ethereum Index
  • Invests directly in Ethereum held in secure digital wallets
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • Cryptocurrency market risk: Ethereum and other cryptocurrencies are highly volatile and speculative investments
  • Liquidity risk: The cryptocurrency market can be illiquid, making it difficult to buy or sell positions
  • Regulatory risk: Cryptocurrencies are subject to evolving regulatory environments, which could impact their viability
  • Security risk: Cryptocurrency holdings are vulnerable to theft, loss, or technical glitches

👤 Best For

This ETF may be suitable for investors with a high risk tolerance who are seeking exposure to the Ethereum cryptocurrency as part of a diversified portfolio. Investors should be aware of the significant volatility and risks associated with cryptocurrency investments and only invest an amount they are willing to lose.