Top US Crypto ETFs by AUM: 1. IBIT (BlackRock BTC) – ~$70B+ 2. ETHA (BlackRock ETH) – ~$10.9B 3. ETHE (Grayscale ETH Staking) – ~$2.7B 4. FETH (Fidelity ETH) – ~$2.2B 5. QETH (Invesco Galaxy ETH) – ~$150M
Top Canada & Europe Crypto ETFs/ETPs: 1. ETHH (Purpose Ether Hedged - Canada) – ~$355M CAD 2. ETHR (Evolve Ether Unhedged - Canada) – ~$220M CAD 3. WETH (21Shares ETH Legacy - Europe) – ~€300M 4. VALETH (Valour ETH Zero - Europe) – ~€50M
Top Asia Crypto ETFs: 1. CSOP BTC Futures (Hong Kong) – ~$1.1B HKD 2. Harvest BTC Spot (Hong Kong) – ~$850M HKD 3. Samsung BTC (Hong Kong) – ~$720M HKD

Valour Ethereum Zero (VALETH)

True zero-fee physically-backed spot Ether ETP from Valour – maximum cost efficiency for long-term European investors.

Key Facts

IssuerValour (DeFi Technologies)
TickerVALETH (Xetra, Euronext, SIX Swiss, Nordic Growth Market, etc.)
TER0.00% (true zero fee)
Approx. AUM€50M (as of Jan 9, 2026)
CustodianCoinbase Custody
InceptionQ4 2021
Official SiteValour VALETH Page

Composition / Holdings

VALETH is 100% physically-backed spot Ethereum (no derivatives or futures).

Asset Percentage Description
Ether (ETH) 100% Physically-backed spot Ether held in cold storage (zero fees)

Direct 1:1 exposure to Ether price (no fees deducted). No staking rewards passed through currently.

Net Inflows & Outflows

Historical net flows showing demand for zero-fee Ether exposure. Steady inflows since Q4 2021 launch (AUM ~€50M), accelerated by cost-free appeal.

Performance Overview

NAV tracking and returns vs. Ether spot price (near-perfect correlation due to zero fees and physical backing).

ESG & Sustainability Metrics

Estimated ESG profile for Ethereum (post-Merge PoS improves energy score; strong on decentralization/utility).

Pros

  • True **0.00%** TER – maximum cost efficiency
  • Direct 1:1 physical Ether exposure in cold storage
  • One of the longest-running zero-fee crypto products in Europe
  • Listed on multiple major European exchanges

Cons

  • Smaller AUM/liquidity vs. larger ETPs like WETH
  • Full exposure to Ether price volatility
  • No staking rewards passed to holders
  • No direct Ether ownership/withdrawals

How to Buy VALETH

Available on major European brokers and exchanges (Degiro, Interactive Brokers, Saxo Bank, etc.). Search ticker VALETH or ISIN CH1114873776 (venue-dependent). Ideal for long-term, cost-sensitive European investors.

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Not financial advice. Investments in crypto ETPs involve high risk, including potential loss of principal. Data approximate as of January 9-11, 2026 (sources: Valour, justETF, Yahoo Finance). Always verify with official sources.