ETH - Grayscale Ethereum Mini Trust ETF

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.

As of Jun 30, 2026: spot at $15.00, ATM IV 54.9%, max pain $16.00, net GEX $90.2K.

Sector
Financial Services
Industry
Asset Management
Market Cap
$1.80B
P/E Ratio
9.49
Beta
2.48
52-Week Range
14.53-45.785
IPO Date
Jul 23, 2024
Exchange
AMEX

What ETH Looks Like to Options Traders Today

IV rank of 17.7% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($90.2K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.178) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The ETH overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked ETH overview questions

What is ETH?
ETH is the ticker symbol for Grayscale Ethereum Mini Trust ETF, an listed exchange-traded fund. 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. Listed on AMEX. ETH is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the ETH options snapshot look like today?
As of Jun 30, 2026, the ETH options snapshot shows spot at $15.00, ATM IV 54.9%, IV rank 17.7%, max pain $16.00, net GEX $90.2K, expected move 15.74%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are ETH's key statistics?
Grayscale Ethereum Mini Trust ETF (ETH) carries a market capitalization of $1.80B, 52-week range of 14.53-45.785. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does ETH belong to?
Grayscale Ethereum Mini Trust ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare ETH's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the ETH data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.