Invesco Galaxy Ethereum ETF (QETH) USD Price

QETH is Invesco / Galaxy’s spot ether ETF. Unlike futures ETFs, which invest in Ethereum futures contracts, QETH directly holds Ethereum. The fund aims to provide investors with direct exposure to the price movements of Ethereum, mirroring its market value without the complexities associated with futures contracts. As a result, the performance of this ETF closely tracks the spot price of Ethereum, making it a straightforward option for those looking to invest directly in the cryptocurrency.

Invesco / Galaxy is a collaborative venture between Invesco Ltd., a global investment management firm, and Galaxy Digital Holdings Ltd., a diversified financial services and investment management company focused on the digital asset, cryptocurrency, and blockchain technology sectors. This partnership combines Invesco's extensive expertise in institutional-grade asset management with Galaxy Digital's proficiency in the digital asset space, aiming to deliver innovative financial products and solutions.

Invesco, headquartered in Atlanta, Georgia, is recognized for its comprehensive range of investment strategies and solutions, catering to a diverse clientele that includes institutional investors, retail investors, and financial intermediaries. The firm's portfolio encompasses equities, fixed income, real estate, private markets, and alternative investments, supported by a robust global distribution network.

Galaxy Digital, based in New York, operates across four primary business lines: Trading, Asset Management, Principal Investments, and Investment Banking. The firm is led by a team of experienced professionals with deep knowledge of the digital asset market, providing extensive market intelligence and access to a wide array of cryptocurrency-related financial services.

The Invesco / Galaxy collaboration seeks to capitalize on the growing interest and adoption of digital assets by offering investment products that are both accessible and compliant with regulatory standards. This partnership is particularly focused on developing exchange-traded products (ETPs) that provide exposure to cryptocurrencies and blockchain technologies, serving the needs of investors seeking diversification and potential growth within this emerging asset class.

Invesco / Galaxy is positioned to play a significant role in bridging traditional financial markets and the digital asset ecosystem. By leveraging Invesco's distribution capabilities and Galaxy Digital's expertise in blockchain technology and cryptocurrencies, the joint venture aims to facilitate informed investment decisions and broaden the reach of digital asset investment opportunities within global financial markets.