Invesco Galaxy Ethereum ETF (QETH)
Spot Ethereum ETF from Invesco in partnership with Galaxy Digital – direct physical Ether exposure with institutional-grade custody.
Key Facts
| Issuer | Invesco (with Galaxy Digital) |
|---|---|
| Ticker | QETH (NASDAQ) |
| Expense Ratio | 0.25% |
| Approx. AUM | $150M (as of Jan 9, 2026) |
| Custodian | Coinbase Custody |
| Inception | July 23, 2024 |
| Official Site | Invesco QETH Page |
Composition / Holdings
QETH is 100% physically-backed spot Ethereum (no derivatives or futures).
| Asset | Percentage | Description |
|---|---|---|
| Ether (ETH) | 100% | Physically-backed spot Ether held in cold storage by Coinbase Custody |
Direct 1:1 exposure to Ether price (less fees). No staking rewards passed through currently.
Net Inflows & Outflows
Historical net flows showing investor demand. Positive cumulative inflows since launch (AUM ~$150M), with recent mixed trends in early Jan 2026 (some outflows aligned with category volatility).
Performance Overview
NAV tracking and returns vs. Ether spot price (high correlation, minor tracking error from fees).
ESG & Sustainability Metrics
Estimated ESG profile for Ethereum (post-Merge PoS improves energy score; strong on decentralization/utility).
Pros
- Competitive 0.25% expense ratio
- Backed by Invesco (traditional asset manager) + Galaxy Digital (crypto expertise)
- Institutional-grade custody (Coinbase)
- Strong distribution through Invesco network
Cons
- Smaller AUM/liquidity vs. larger peers like ETHA or FETH
- Full exposure to Ether price volatility
- No staking rewards passed to holders (yet)
- No direct Ether ownership/withdrawals
How to Buy QETH
Available on major US brokers (Fidelity, Schwab, Vanguard, Robinhood, etc.). Search ticker QETH. Good mid-tier option for cost-effective spot Ether exposure.
Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Data approximate as of January 9-11, 2026 (sources: Invesco, Farside Investors, SoSoValue). Always verify with official sources.