Ether Price Drop Hits iShares Staked Ethereum Trust ETF Hard
iShares Staked Ethereum Trust ETF (ETHB), an exchange-traded fund that tracks the price of staked ether, took a hit in Q2 due to a decline in ether's value. According to its latest quarterly report filed with the SEC, the fund's net asset value per share fell to $20.51 as of June 30, 2026.
The report states that the fund holds an investment in ether valued at $459,450,831, with 86.9% of this position staked with third-party counterparties. The fund's expenses include sponsor fees, which totaled $240,392 for the three months ended June 30, 2026.
The decline in ether's value led to a net realized loss of $11,421,405 and an unrealized depreciation of $154,226,015, resulting in a total net realized and unrealized loss of $165,647,420. This led to a net decrease in net assets of $164,693,027 for the quarter.