A staked Ethereum ETF processed $48M in redemptions while keeping 86% of ETH locked, 21Shares filing shows

Aug. 15, 2026 at 5:30 pm GMT • 2 min read 01 Redemptions exceeded new-share contributions by $6.251 million through June, according to the quarterly filing. 02 Net assets fell from $31.298 million to $12.917 million as shares outstanding and NAV per share declined. 03 Variable unbonding periods may restrict redemptions, but the filing records no failed, delayed, or suspended order.The 21Shares Ethereum ETF, which trades as TETH, reported $48.4 million in TETH redemptions during the first half of 2026 and ended June with 86.42% of its ETH holdings staked, according to an Aug. 14 quarterly filing. The redemption total covers completed activity; the June 30 staking ratio exposes future settlement to the timing of Ethereum's unstaking process.For the six months ended June 30, TETH redemptions generated $48.426 million in distributions for redeemed shares against $42.174 million of contributions for new shares. Using the filing's unrounded figures, redemptions exceeded contributions by $6.251 million. The trust sold 21,125.2745 ETH for $48.426 million of cash redemptions during the period. The filing records completion of that activity without identifying a failed, delayed or suspended ...