A $10,000 investment in Grayscale’s ETH staking ETF on December 31, 2025, is now worth $5,328 amid Ether’s steep decline.
Grayscale’s Ethereum Staking Mini ETF (ETH) fell 11% in a single session, extending its year-to-date loss to 47% from a $28 starting price on December 31, 2025. The fund, designed as a 1x spot Ether wrapper with staking, mirrored Ether’s 46% decline, closing at $15 on June 5, 2026, down from $17 the prior day.
Ether’s price dropped to $1,596 from $2,967 over the same period, erasing staking yields of 3-4% as daily volatility overshadowed income. The fund’s performance tracked Ether’s spot price almost identically, rendering its staking feature negligible during sharp downturns.
Market sentiment has soured ahead of the June 12 SpaceX IPO, with retail investors reportedly liquidating crypto positions to fund allocations. The ETF’s $10,000 position on June 4, 2026, fell to $8,867 by Friday’s close, reflecting broader weakness in speculative assets.