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Crypto

TETH Redemptions Exceed $48M, 21Shares Warns of Unstaking Constraints

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The 21Shares Ethereum ETF, trading as TETH, processed $48.4 million in redemptions during the first half of 2026.

This represents a significant decline in net assets for the fund, which fell from $31.298 million at the end of December to $12.917 million by June 30.

The ETF's holdings are heavily concentrated in staked Ethereum, with 86.42% of its ETH locked up as of June 30.

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