ETHE11

The Hashdex Ethereum ETF (ETHE11) is a Brazilian exchange-traded fund designed to provide exposure to Ethereum through investments linked to the cryptocurrency’s market price. The ETF is managed by Hashdex Gestão de Recursos Ltda. and trades under the ticker ETHE11 on the B3.

Classified as a cryptocurrency ETF, the fund follows a passive management strategy. Its structure invests in financial instruments linked to Ethereum, seeking to reflect the performance of the digital asset in international markets without requiring investors to directly custody cryptocurrencies.

Composition / Exposure profile

ETHE11 provides exposure primarily associated with:

• Ethereum-linked financial instruments.

• Cryptocurrency markets.

• Digital assets.

• Blockchain ecosystems.

• Smart-contract platforms.

• Decentralized finance (DeFi) infrastructure.

• International crypto markets.

• Alternative investment strategies.

The ETF’s performance is particularly sensitive to fluctuations in Ethereum prices, cryptocurrency-market volatility, and changes in investor demand for blockchain-based assets.

Regulatory developments, technological advancements within the Ethereum ecosystem, network adoption, and global liquidity conditions may directly affect the fund’s behavior. The ETF may also reflect developments associated with decentralized applications, tokenization initiatives, and broader digital-asset innovation.

Structure and costs

ETHE11 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee and does not apply a performance fee. ETHE11 does not provide recurring income distributions, as gains generated by the portfolio are reinvested into the fund structure.

History and evolution of the ETF

The Hashdex Ethereum ETF was launched in 2021 with the objective of expanding access to Ethereum through a regulated, index-based structure listed on the B3.

Since inception, the fund has become part of the growing cryptocurrency ETF segment in Brazil, reflecting increasing investor interest in digital assets and blockchain-related investment opportunities.

In recent years, ETHE11 has reflected fluctuations in Ethereum prices across global markets, influenced by the evolution of the blockchain ecosystem, institutional adoption trends, technological innovation, and the supply-and-demand dynamics of digital assets.

Additional Information

Hashdex Ethereum ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $558.37 Millions.

Over the past 12 months, Hashdex Ethereum ETF recorded a return of -40.29%, with its price trading between $23.47 and $76.34 during the same period.

The ETF is traded under the ticker ETHE11.