Grayscale -- Grayscale Ethereum Trust (ETHE) + Ethereum Mini Trust (ETH)
Grayscale is a long-running crypto asset manager whose products have served as major vehicles for ETH exposure across multiple market cycles.
Category: ETF / trust products
Products / brands: ETHE, ETH
Grayscale is a long-running crypto asset manager whose products have served as major vehicles for ETH exposure across multiple market cycles. Today, Grayscale offers both ETHE (Ethereum Trust) and the ETH Mini Trust, giving investors different fee and structure options. Grayscale’s ETH Mini Trust page lists GAAP AUM ~ $2.133B (as of 12/29/2025). TradingView lists ETHE with AUM ~ $2.61B, illustrating Grayscale’s continued relevance in the Ethereum ETF/ETP landscape even after increased competition. For investors, Grayscale products are closely watched for institutional ETH flow signals, arbitrage, and broader TradFi adoption trends.
Key metrics: ETH Mini Trust GAAP AUM ~ $2.133B (12/29/2025); ETHE AUM ~ $2.61B (TradingView).
Sources: Grayscale ETH page: https://etfs.grayscale.com/eth - TradingView ETHE profile: https://www.tradingview.com/symbols/AMEX-ETHE/
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