Grayscale Ethereum Staking ETF (ETHE) Market Capitalization (2023 - 2026)
Grayscale Ethereum Staking ETF (ETHE) recorded Market Capitalization of $1.22 billion in Q2 2026, down 56.9% from $2.84 billion a year earlier and down 31.6% from the prior quarter.
Grayscale Ethereum Staking ETF (ETHE) Market Capitalization (2023 - 2026) Analysis & Trends
For FY2025, Grayscale Ethereum Staking ETF reported Market Capitalization of $2.7 billion, down 43.0% from FY2024.
- Annual Market Capitalization has a three-year compound annual growth rate of 27.2% (FY2022 to FY2025).
- Across earlier years, Market Capitalization came in at $4.74 billion in FY2024 (-11.7%), $5.37 billion in FY2023 (+309.0%) and $1.31 billion in FY2022.
- The Q2 2026 figure is the lowest quarterly Market Capitalization in data going back to Q1 2023.
- On a year-over-year basis, Market Capitalization has declined for three consecutive quarters, with an average decline of 27.9% over the last eight quarters.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 216.1% in Q2 2024, against a decline of 69.2% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.79 billion (Q1 2026), $2.7 billion (Q4 2025) and $4.43 billion (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.94 Bn |
| Jun 30, 2026 | 1.22 Bn |
| Mar 31, 2026 | 1.79 Bn |
| Dec 31, 2025 | 2.70 Bn |
| Sep 30, 2025 | 4.43 Bn |
| Jun 30, 2025 | 2.84 Bn |
| Mar 31, 2025 | 2.22 Bn |
| Dec 31, 2024 | 4.74 Bn |
| Sep 30, 2024 | 4.33 Bn |
| Jun 30, 2024 | 8.67 Bn |
| Mar 31, 2024 | 7.22 Bn |
| Dec 31, 2023 | 5.37 Bn |
| Sep 30, 2023 | 3.05 Bn |
| Jun 30, 2023 | 2.74 Bn |
| Mar 31, 2023 | 2.36 Bn |
Grayscale Ethereum Staking ETF Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=ETHE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "ETHE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=ETHE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();