VanEck reports 27% drop in Ethereum ETF assets, hit by Ether slump

VanEck’s Ethereum ETF (ETHV) reported a 27.11% decline in assets for the second quarter of 2026.

Total assets fell to $77.83 million by the end of the period.

This figure represents a decrease from $106.78 million in the previous quarter.

A 24.35% drop in the price of Ether primarily drove the decline.

The fund recorded a net decrease from operations of nearly $25.8 million for the quarter ended June 30, 2026.

This loss reflects unrealized depreciation and realized losses from ETH sales to cover redemptions and sponsor fees.

Outstanding shares decreased during the quarter, signaling net investor outflows.