Investors should consult a financial professional/financial consultant before making any investment decisions. Ether spot trading venues are not subject to the same regulatory oversight as traditional equity exchanges. The Trust’s returns will not match the performance of ether because the Trust incurs the Sponsor Fee and may incur other expenses. The Trust will not participate in the proof-of-stake validation mechanism of the Ethereum network (i.e., the Trust will not “stake” its ether) to earn additional ether or seek other means of generating income from its ether holdings.
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Bitcoin, with a capped supply, achieving digital scarcity, tells the sound money story. Ethereum, with an uncapped supply, tells a technology-focused story. A system of apps and protocols offering financial services without a central financial intermediary. DeFi financial services replicate traditional financial functions — such as borrowing, lending, and trading — through smart contracts. IShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, iShares continues to drive progress for the financial industry.
Synthetix Network (SNX)
Without increases in the price of ether sufficient to compensate for that decrease, the price of the shares will also decline, and investors will lose money on their investment. The liquidation of the Trust may occur at a time when the disposition of the Trust’s ether will result in losses to investors. The value of the shares of the Trust will be adversely affected if ether owned by the Trust is lost or damaged in circumstances in which the Trust is not in a position to recover the corresponding loss. The tax treatment of ether and other digital assets is uncertain and may be adverse, which could adversely affect the value of an investment in the Shares.
Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Notional value represents the portfolio’s exposures based on the economic value of investments and options are delta-adjusted. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. Currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. The calculated values may have been different if the valuation price were to have been used to calculate such values.
- Investing in digital assets involves significant risks due to their extreme price volatility and the potential for loss, theft, or compromise of private keys.
- If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned.
- The native cryptocurrency of the Ethereum network, used to pay for transaction fees.
- For funds with an investment objective that include the integration of ESG criteria, there may be corporate actions or other situations that may cause the fund or index to passively hold securities that may not comply with ESG criteria.
Ethereum price history
A computer that participates in the Ethereum network by maintaining a copy of the blockchain and validating transactions. A digital container that holds a list of transactions and other important data, such as timestamps and references to the previous block. Thousands of nodes (participant computers) run Ethereum software and validate transactions on the network. Therefore, the network is resistant to centralized points of failure as well as hacking or tampering by a single entity. The more nodes that run Ethereum software around the world, the more decentralized and resilient Ethereum can be as a public blockchain. Ethereum lets creators directly connect with and monetize from their audience by enabling them to design their own decentralized applications and tokens.
As a Turing-complete platform, it can execute complex code and has become the second-largest cryptocurrency by market capitalization, behind Bitcoin. Shares of the Trust are intended to reflect, at any given time, the market price of ether owned by the Trust at that time less the Trust’s expenses and liabilities. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the ether represented by such shares. If an investor sells the shares at a time when no active market for them exists, such lack of an active market will most likely adversely affect the price received for the shares. For a more complete discussion https://calvenridge-trust.com/ of the risk factors relative to the Trust, carefully read the prospectus. The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”).
How does Ethereum differ from bitcoin?
Competition from central bank digital currencies (“CDBCs”) and other digital assets could adversely affect the value of ether and other digital assets. Trading or holding crypto-assets carries risks and may not be suitable for all. Please note that past performance is not a guarantee of future performance. Carefully consider whether investing in crypto-assets is suitable for you in light of your financial condition and risk tolerance.