BetaShares Ethereum ETF (Unhedged) (ETHXX)
Physically-backed spot Ether ETF from BetaShares – AUD unhedged for Australian investors (direct Ether exposure).
Key Facts
| Issuer | BetaShares |
|---|---|
| Ticker | ETHXX (ASX - Australian Securities Exchange, AUD Unhedged) |
| Expense Ratio | 0.45% |
| Approx. AUM | AUD 150M (as of Jan 9, 2026) |
| Custodian | Institutional cold storage |
| Inception | June 2024 |
| Official Site | BetaShares ETHXX Page |
Composition / Holdings
ETHXX is 100% physically-backed spot Ethereum (no derivatives or futures; unhedged to AUD).
| Asset | Percentage | Description |
|---|---|---|
| Ether (ETH) | 100% | Physically-backed spot Ether held in secure cold storage (unhedged) |
Direct 1:1 exposure to Ether price (less fees). No staking rewards passed through. Unhedged to AUD (investors exposed to USD/AUD FX).
Net Inflows & Outflows
Historical net flows showing investor demand for unhedged spot Ether in Australia. Strong positive cumulative inflows since June 2024 launch (AUM ~AUD 150M), with steady growth in 2025-2026.
Performance Overview
NAV tracking and returns vs. Ether spot price (high correlation, minimal tracking error from fees; exposed to USD/AUD FX).
ESG & Sustainability Metrics
Estimated ESG profile for Ethereum (post-Merge PoS improves energy score; strong on decentralization/utility).
Pros
- Physically-backed spot Ether exposure on regulated ASX
- Competitive 0.45% expense ratio
- Direct access to Ether for Australian investors
- Eligible for superannuation and retail accounts
Cons
- Unhedged to AUD – exposed to USD/AUD FX risk
- Full exposure to Ether price volatility
- No staking rewards passed to holders
- No direct Ether ownership/withdrawals
How to Buy ETHXX
Available on major Australian brokers (CommSec, SelfWealth, Stake, etc.). Search ticker ETHXX. Accessible for Australian investors through ASX.
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Data approximate as of January 9-11, 2026 (sources: BetaShares, ASX, Yahoo Finance). Always verify with official sources.