The Grayscale Ethereum Mini Trust ETF operates a pure fee-based revenue model, with non-interest income constituting 100% of total revenue in most quarters, but its profitability is severely constrained by persistent loan loss provisions that consume 35-40% of revenue.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 29, 2026 | $0.46 vs — | $147M vs — |
Q2 2026 Apr 29, 2026 | $0.23-31.3% vs $0.34 | $136M-8.4% vs $148M |
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Benchmark ETH against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Grayscale Ethereum Mini Trust ETF (ETH)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $21.21 | $540.62M | 13.60 | -5.72% | 6.88% | 8.4% | — | |
| $134.76 | $35.5B | -55.31 | 9.45% | -12.66% | -5.08% | — | |
| $128.93 | $42.65B | -4.04 | 2.97% | -2760.34% | -25.97% | 1.01% | |
| $6.35 | $2.42B | -0.70 | 33.47% | -453.74% | -108.46% | — | |
| $16.71 | $6.32B | -4.41 | 66.36% | -215.82% | -59.47% | — | |
| $6.16 | $1.58B | -1.66 | 102.21% | -146.9% | -75.24% | 0.55% |
Grayscale Ethereum Mini Trust ETF (ETH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Grayscale Ethereum Mini Trust ETF (ETH) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 29, 2026·SEC
Jul 17, 2026·SEC
Jul 2, 2026·SEC
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Grayscale Ethereum Mini Trust ETF (ETH) stock FAQ — growth, dividends, profitability & financials explained
Grayscale Ethereum Mini Trust ETF (ETH) revenue fell by 4.8% over the trailing twelve months, compared with the twelve months before.
Yes. Grayscale Ethereum Mini Trust ETF (ETH) earned $39.9M in net income over the trailing twelve months (a 6.9% net margin).
Grayscale Ethereum Mini Trust ETF (ETH) had a return on equity (ROE) of 8.4% over the trailing twelve months. That is below the market's typical 10-15%.
Grayscale Ethereum Mini Trust ETF (ETH) has an efficiency ratio of 53.3%. This is excellent, indicating strong cost control.
