{"url_path":"/sec/teth/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1992508/0001213900-26-057485-index.html","accession_number":"0001213900-26-057485","cik":"0001992508","ticker":"TETH","issuer_name":"21Shares Ethereum ETF","edgar_url":"https://www.sec.gov/Archives/edgar/data/1992508/0001213900-26-057485-index.html","primary_entity_key":"0001992508","primary_entity_name":"21Shares Ethereum ETF"},"word_count":184,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities\nand Use of Proceeds\n\n \n\na)None.\n\n \n\nb)Not applicable.\n\n \n\nc)The Trust does not purchase Shares directly from its Shareholders.\nIn connection with its redemption of Creation Baskets held by Authorized Participants, the Trust redeemed 206 Creation Baskets (comprising\n2,060,000 Shares) during the quarter ended March 31, 2026. The following table summarizes the redemptions of Shares by Authorized Participants\nduring the period:\n\n \n\nPeriod\n \nTotal Shares Redeemed  \nAverage Price Per Share  \nMaximum number\n\nof shares that may\n\nyet be purchased\n\nJanuary 1, 2026 – January 31, 2026 \n 700,000  \n$15.09  \nN/A\n\nFebruary 1, 2026 – February 28, 2026 \n 300,000  \n$9.58  \nN/A\n\nMarch 1, 2026 - March 31, 2026 \n 1,060,000  \n$10.57  \nN/A\n\n \n\nMarket Information\n\n \n\nThe Shares are listed on the\nExchange under the symbol “TETH” and have been listed since July 23, 2024.\n\n \n\nHolders\n\n \n\nAs of March 31, 2026, there was approximately\none DTC participating shareholder of record of the Trust. Because most of the Trust’s Shares are held by brokers and other institutions\non behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders."}