TETH Processes $48M in Redemptions Amid ETH Price Volatility

The 21Shares Ethereum ETF (TETH) processed $48.4 million in redemptions during the first half of 2026, according to its quarterly filing on August 14th.

This led to a significant decline in the fund's net assets from $31.298 million at the end of December to $12.917 million at June 30th.

The trust sold 21,125.2745 ETH for $48.426 million of cash redemptions during this period, with the reference price of ETH falling by 46.89%.

At quarter-end, TETH held 8,185.4684 ETH, but only 1,112 ETH were unstaked, leaving 7,074 ETH staked and locked in the process.