DE IT

ZETH

ETHetc – ETC Group Physical Ethereum
100 % physically backed, this ETC gives you seamless and pure exposure to the performance of Ether, the native cryptocurrency of the Ethereum network, while trading on Europe’s largest stock exchanges.

Advantages of trading ZETH

Simple trading illustration

Simple trading, with no digital wallet required

Buy and sell like any stock or ETF through your regular broker or bank. No new account needed, just enter the ticker or ISIN on your trading platform.
Institutional-grade asset custody illustration

Institutional-grade asset custody

The Ethereum is kept in cold-storage at a regulated custodian, and all assets are secured by an independent trustee, thus eliminating issuer default risk.
100 % backed illustration

100 % backed & physical redemption

You are legally entitled to the underlying Ethereum, and you can redeem the ETC for the сryptocurrency, alternatively to selling on exchange.
Regulated and listed illustration

Regulated and listed on major exchanges

Issued in Germany under German regulatory oversight, the ETC’s primary listing is on XETRA, the largest ETF exchange in Europe.

Product

Performance

3M: -29.69%
6M: -29.69%
AUM $110,230,122.05
Total Holdings (AUM in Ether) 43778.837
Shares outstanding 4,390,670
Cryptocurrency Entitlement (Ether per unit of ZETH)* 0.009953632
Ether Price (USD) * 2658.09
Price per ZETH (NAV; USD) * $25.11
* Important Note: Values might be outdated the moment you are viewing this website. For accurate pricing information on Bitcoin or price of the securities please refer to other official sources.

Key Risks

  1. Investors' capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision.
  2. Any decision to invest should be based on the information contained in the relevant prospectus.
  3. ETC securities are structured as debt securities, not as equity.
  4. ETCs trade on exchanges like securities. They are bought/sold at market prices which may be different to the net asset value of the ETC.

Trading information

Tight spreads and ample liquidity on exchange

World class liquidity providers ensure there is good market depth, tight spreads and ample liquidity available to ensure that investors can enter and exit their position in ETHetc with minimal cost and market impact.

Listings

Exchange Ticker BBG RIC SEDOL ISIN Valoren WKN CCY Listing Date
Deutsche Börse XETRA ZETH GY ZETH.DE BMV2RQ3 DE000A3GMKD7 - A3GMKD EUR 09.03.21
SIX Swiss Exchange ZETH SW ZETHUSD.S BN0WR83 DE000A3GMKD7 110488627 - USD 25.05.21
SIX Swiss Exchange ZETHCHF SW ZETHCHF.S BN0WR94 DE000A3GMKD7 110488627 - CHF 25.05.21
SIX Swiss Exchange ZETHGBP SW ZETHGBP.S BN0WRB6 DE000A3GMKD7 110488627 - GBP 25.05.21
Wiener Börse ZETH AV DE000A3GMKD7=VI BN4RH84 AT DE000A3GMKD7 - A3GMKD EUR 18.08.21
Euronext Paris ZETH FP ZETH.PA BN0Z9Y2 DE000A3GMKD7 - - EUR 01.06.21
Euronext Amsterdam ZETH NA ZETH.AS BN0Z9Z3 DE000A3GMKD7 - - USD 01.06.21

Liquidity

Market Makers / Authorised Participants (APs)
Flow Traders B.V.
Jane Street Financial Limited
ITI Capital Limited
DRW Europe B.V.

At all times 100 % backed by Ether because ETHetc cannot be created without the collateral being held in safe-custody before creation.

APs provide liquidity in ETHetc on exchange where most investors will buy and sell ETHetc. Investors don’t need to worry about safely storing their investment in Ethereum via ETHetc as the units are securely held with their broker – just like stocks.

ETHetc can be sold anytime on exchange or redeemed for Ether or cash* via an AP or directly with the Issuer. Only APs the Issuer has appointed are allowed to subscribe to ETHetc with the Issuer, and only for Ethereum. This mechanism ensures that the provenance of all Ether has been verified.

For additional investor protection, the Ether in the custody account is pledged as security to the investors, and a reputable independent trustee enforces this pledge.

*Certain terms and conditions apply

Performance

Custody

ETC Group has partnered with the leading provider of digital asset custody

BitGo Trust pioneered multi-signature security in 2013 and, since then has become an industry standard in delivering institutional grade security solutions for digital assets.

Regulated & Certified

Being the first qualified custodian purpose-built for holding digital assets, BitGo Trust Company is an independent trust company regulated by the South Dakota Division of Banking, and SOC 2 Type 1 & 2 certified.

Cold Wallets

All ETC assets are kept in cold wallets. Cold wallets mean that the digital wallets are not connected to the internet. This protects the wallets from hacks, unauthorized access, and other vulnerabilities.

Multi-Signature Security

Digital asset are stored using a multi-signature technology and can only be accessed when sharded keys held by separate entities are unities. This creates additional layers of security to protect investor funds.

Insured

BitGo's $100 million custody insurance policy protects against third-party hacks, theft or dishonest acts by BitGo employees or executives as well as the loss of keys.
Find out more about insurance here.

Product Details

Ticker ZETH
ISIN DE000A3GMKD7
WKN A3GMKD
SEDOL BMV2RQ3
RIC ZETH.DE
TER 1.49%
Trading Currency EUR
Asset Class Cryptocurrency
Underlying Exposure Ether
Physical Settlement Yes (Both Creation & Redemption)
Leverage 1:1 (No leverage)
Minimum Investment 1 Unit
Expiry Date Open Ended
Entry Exit Fees* None
Replication Method Physically Allocated Ether
* Your broker will charge commissions to trade the ETC like shares
Domicile Germany
Primary Listing XETRA
Issue Date 23.02.2021
Inception Date TBC
Legal Form Debt Security
Product Structure ETC
Registered for Sale DE, AT, IT, MT, NO, IE, NL, LU, DK, CZ, SE, ES, CH, PL, FR
UCITS Compliant No
UCITS Eligible Please Contact Us
ISA Eligible Yes
SIPP Eligible Yes
Issuer ETC Issuance GmbH
Custodian BitGo Trust Company
Security Trustee Apex Corporate Trustees (UK) Limited
Administrator Apex Corporate & Advisory Services Lspan
Registrar Clearstream Banking AG

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The value of your investment may go down as well as up and past performance is no indication of future performance. Your capital is at risk.
The products displayed on this website are not available for subscription or purchase by retail investors in your selected jurisdiction. Please contact your broker or financial adviser for further information.

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