(QETH) Galaxy Ethereum - Overview

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: (N/A)

Etf: Ether, ETF, Trust, Valuation, Lukka

Total Rating 17
Risk 61
Buy Signal -2.17
Risk 5d forecast
Volatility 86.4%
Relative Tail Risk -4.32%
Reward TTM
Sharpe Ratio -0.05
Alpha -51.07
Character TTM
Beta 1.834
Beta Downside 1.541
Drawdowns 3y
Max DD 64.07%
CAGR/Max DD -0.45

Description: QETH Galaxy Ethereum December 23, 2025

Invesco Galaxy Ethereum ETF (BATS: QETH) is a U.S.–based exchange-traded fund that seeks to track the price of ether (ETH) by holding the digital asset directly. The fund values its shares once daily at 4:00 p.m. ET, using the estimated fair market value (FMV) of ether as reported by Lukka Inc., an independent third-party data provider that reflects the execution price on ether’s principal market.

Key market drivers to monitor include: (1) the total value locked (TVL) in Ethereum-based DeFi protocols, which currently exceeds $30 billion and serves as a proxy for on-chain demand; (2) the network’s average gas fees, which have trended lower after the London hard fork’s EIP-1559 implementation, potentially supporting broader adoption; and (3) the staking yield on ETH 2.0, projected at 4-5 % annualized, which can influence investor sentiment toward holding the underlying asset versus the ETF.

For a deeper, data-driven look at QETH’s risk-adjusted performance and sector exposure, consult ValueRay’s interactive analytics platform.

What is the price of QETH shares?

As of February 07, 2026, the stock is trading at USD 20.50 with a total of 205,833 shares traded.
Over the past week, the price has changed by -23.13%, over one month by -36.55%, over three months by -37.77% and over the past year by -24.52%.

Is QETH a buy, sell or hold?

Galaxy Ethereum has no consensus analysts rating.

What are the forecasts/targets for the QETH price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 15.3 -25.5%

QETH Fundamental Data Overview February 04, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 24.4m USD (24.4m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 24.4m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 24.4m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 12.67% (E(24.4m)/V(24.4m) * Re(12.67%) + (debt-free company))
Discount Rate = 12.67% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for QETH ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle