3 unchanged sentences
The Shares are listed on the
−Removed: Exchange under the symbol “CETH” and have been listed since July 23, 2024.
−Removed: As of December 31, 2024, there
−Removed: were approximately 2 DTC participating shareholders of record of the Trust.
−Removed: Because most of the Trust’s Shares are held by brokers
−Removed: and other institutions on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
+Added: Exchange under the symbol “TETH” and have been listed since July 23, 2024.
+Added: As of December 31, 2025, there was approximately one DTC participating
+Added: shareholder of record of the Trust.
+Added: Because most of the Trust’s Shares are held by brokers and other institutions on behalf
+Added: of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
Sales of Unregistered
1 unchanged sentence
On June 18, 2024, 21Shares
−Removed: US LLC, in its capacity as Seed Capital Investor, purchased the Seed Creation Baskets comprising 20,000 Shares (the “Seed Creation
−Removed: The total proceeds to the Trust from the sale of the Seed Creation Baskets were $340,739.
+Added: US LLC, in its capacity as Seed Capital Investor, purchased the initial Seed Creation Baskets comprising 20,000 Shares (the “Initial
+Added: Seed Creation Baskets”).
+Added: The total proceeds to the Trust from the sale of the Initial Seed Creation Baskets were $340,739.
+Added: sale was made in a private placement exempt from registration in reliance on Section 4(a)(2) of the Securities Act in a transaction by
+Added: an issuer not involving a public offering.
+Added: Delivery of the Initial Seed Creation Baskets was made on June 18, 2024.
+Added: Proceeds received by the Trust
+Added: from the issuance of Creation Baskets consist of ether.
+Added: Such deposits are held by the Custodians on behalf of the Trust until (i) delivered
+Added: out in connection with redemptions of Creation Baskets;
+Added: or (ii) transferred or sold by the Sponsor, which may be facilitated by the Custodians,
+Added: to pay fees due to the Sponsor and Trust expenses and liabilities not assumed by the Sponsor.
The Trust does not purchase
10 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.