ETHV — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-13

• The NAV per Share of $35.50 on April 17, 2026, was the highest during the three months, compared with a low during the three months of $22.75 on June 5, 2026.

• Net decrease in net assets resulting from operations for the three months ended June 30, 2026, was $(25,777,290) resulting from the net change in unrealized appreciation (depreciation) from investment in ETH of $(19,789,200), a net realized loss of $(5,909,360) on ETH sold for the redemption of Shar…

• The NAV per Share of $49.37 on January 14, 2026, was the highest during the six months, compared with a low during the six months of $22.75 on June 5, 2026.

• Net decrease in net assets resulting from operations for the six months ended June 30, 2026, was $(70,557,703) resulting from the net change in unrealized appreciation (depreciation) on investment in ETH of $(50,016,186), a net realized loss of $(20,374,218) on ETH sold for the redemption of Shares,…

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• The 29.31% decrease in the NAV per Share from $43.47 at December 31, 2025 to $30.73 at March 31, 2026 is directly related to the 29.28% decrease in the price of ETH during this period.

• The NAV per Share of $49.37 on January 14, 2026, was the highest during the quarter, compared with a low during the quarter of $27.12 on February 23, 2026.

• Net decrease in net assets resulting from operations for the quarter ended March 31, 2026, was $44,780,413 resulting from the net change in unrealized depreciation on investment in ETH of $30,226,986, a net realized loss of $14,464,858 on ETH sold for the redemption of Shares, a net realized loss of…

Text added vs the prior filing · source: 10-Q · 2026-08-13

• The duly authorized officers of the Sponsor performing functions equivalent to those a principal executive officer and principal financial officer of the Trust would perform if the Trust had any officers, with the participation of the Trustee, have evaluated the effectiveness of the Trust’s disclosu…

• Trust were effective as of the end of the period covered by this Report to provide reasonable assurance that information required to be disclosed in the reports that the Trust files or submits under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported, wit…

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• The duly authorized officers of the Sponsor performing functions equivalent to those a principal executive officer and principal financial officer of the Trust would perform if the Trust had any officers, with the participation of the Trustee, have evaluated the effectiveness of the Trust’s disclosu…

Text added vs the prior filing · source: 10-Q · 2026-08-13

• The trading prices of many digital assets, including ETH, have experienced extreme volatility in recent periods and may continue to do so. Extreme volatility in the future, including further declines in the trading prices of ETH, could have a material adverse effect on the value of the Shares and th…

• The trading prices of many digital assets, including ETH, have experienced extreme volatility in recent periods and may continue to do so. For instance, there were steep increases in the value of certain digital assets, including ETH, over the course of 2021, and multiple market observers asserted t…

• Extreme volatility may persist and the value of the Shares may significantly decline in the future without recovery. The digital asset markets may be experiencing a bubble or may experience a bubble again in the future. For example, in the first half of 2022, each of Celsius Network, Voyager Digital…

• SEC and CFTC brought civil securities and commodities fraud charges, against certain of FTX’s and its affiliates’ senior executives, including its former CEO. In addition, several other entities in the digital asset industry filed for bankruptcy following FTX’s bankruptcy filing, such as BlockFi Inc…

• The prices for some digital assets including ETH have risen following the election of Donald Trump as president of the United States. Some expect the new administration to adopt a more constructive attitude toward the digital asset industry than prior administrations were perceived to have done and …

Text removed vs the prior filing · source: 10-Q · 2026-05-14

• to function or how any new regulations or changes to existing regulations might impact the value of digital assets generally and ETH held by the Trust specifically. The consequences of increased federal regulation of digital assets and digital asset activities could have a material adverse effect on…

• Law enforcement agencies have often relied on the transparency of blockchains to facilitate investigations. However, certain privacy-enhancing features have been, or are expected to be, introduced to a number of digital asset networks. If the Ethereum network were to adopt any of these privacy-enhan…

• On October 19, 2023, FinCEN published proposed rulemaking to apply the authorities in Section 311 of the USA PATRIOT Act to impose requirements on financial institutions that engage in CVC transactions with CVC mixers. The proposed rule, if adopted, would require covered financial institutions to re…

• registration requirements, the Sponsor will terminate the Trust. Any such termination could result in the liquidation of the Trust’s ETH at a time that is disadvantageous to Shareholders.