Ethereum ETF Plummets 58.73% Amid Ether Slump
The 21Shares Ethereum ETF (TETH) has seen its net asset value plummet by a staggering 58.73% due to the decline in ether's value.
This significant drop is attributed to the slump in the digital asset market, particularly with ether.
As of June 30, 2026, TETH's net asset value had decreased to an unprecedented level, affecting investors who hold shares in this ETF.