iShares Ethereum Trust - ETHA

iShares Ethereum Trust is a digital asset exchange-traded product that provides exposure to ether, the native token of the Ethereum network. The trust is structured as a physically backed grantor trust holding ether, seeking to reflect generally the performance of the price of ether as measured by a reference rate based on major digital asset platforms. It allows investors to access the ether market through traditional brokerage and custody channels, without directly acquiring, storing, or managing digital wallets or navigating crypto exchanges. The product falls within the digital assets and cryptocurrency asset class and uses a physical replication approach, with ether as its sole underlying holding. Managed by iShares, a BlackRock brand, iShares Ethereum Trust plays a role in connecting institutional and individual investors to the Ethereum ecosystem via a regulated, exchange-traded vehicle denominated in U.S. dollars and designed for straightforward portfolio integration and intraday liquidity.